U.S. stocks surged on optimism over targeted tariffs, with major indexes climbing significantly.
From Nasdaq: 2025-03-25 09:33:00
U.S. stocks surged on Monday, with the S&P 500 hitting a two-week high as optimism grew that Trump’s tariffs may be more targeted, potentially preventing a recession. The Dow rose 1.4%, the S&P 500 climbed 1.8%, and the Nasdaq jumped 2.3%. Consumer discretionary, industrials, and tech stocks led the gains.
Investors were relieved by reports suggesting Trump’s tariffs could be narrower than feared, easing concerns of a recession. Trump hinted at sector-specific tariffs being delayed or exempted for some countries. This optimism boosted stocks, with Tesla up 11.9% and NVIDIA rising 3.2%. No major economic data was released Monday.
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Read more at Nasdaq: Stock Market News For Mar 25, 2025
