Stocks rise on strong performance of key companies, but concerns over economic slowdown and geopolitical tensions.
From Nasdaq: 2025-03-25 14:36:00
Stock indexes are up, with the S&P 500, Dow Jones, and Nasdaq 100 hitting 2-week highs. Markets hope upcoming US tariffs will be targeted. Consumer confidence fell to a 4-year low, raising economic slowdown concerns. Fed’s Kugler’s hawkish comments hint at steady interest rates. Geopolitical tensions in the Middle East loom.
US home prices rose, but new home sales missed expectations. Consumer confidence fell to a 4-year low. Fed’s Kugler hints at no rate cuts soon. Attention on GDP and pending home sales data. Geopolitical risks in the Middle East weigh on markets. US tariffs spark economic growth fears and stock pressure.
Overseas markets rise, US T-notes recover from lows. Fed’s Kugler’s comments weigh on T-notes. European bond yields climb. Eurozone car registrations drop. German IFO survey improves. ECB members hint at rate pauses. Swaps predict ECB rate cut. US stock movers include Meta Platforms and Crowdstrike Holdings.
International Paper leads S&P 500 gainers. Crowdstrike Holdings up on upgrade. Mobileye Global rises on deal with Volkswagen. Cloudflare jumps on upgrade. Carvana climbs on upgrade. Trump Media and Technology Group rises on partnership. Fertilizer stocks fall on US-Russian deal. KB Home and UniFirst report losses. Crown Castle appoints new CEO.
American Electric Power falls after stock offering. Earnings reports include Core & Main Inc, Crown Holdings Inc, GameStop Corp, and McCormick & Co Inc. Markets react to various economic data, corporate news, and geopolitical tensions. Market movements are influenced by global events and company-specific developments.
Read more at Nasdaq: Stocks Push Higher on Strength in Magnificent Seven Stocks
