Wall Street’s three major indexes closed with moderate gains on Tuesday as investors reacted to the possibility that U.S. President Donald Trump might
Wall Street’s three major indexes closed with moderate gains on Tuesday as investors reacted to the possibility that U.S. President Donald Trump might take a less aggressive stance on trade policy.
The Dow Jones Industrial Average edged up 0.01% to 42,587.50 points, while the S&P 500 gained 0.16% to 5,776.65 points. The tech-heavy Nasdaq Composite advanced 0.46% to 18,271.86.
SPX
Trump stated on Monday that not all the tariffs he has threatened will take effect on April 2, and that some countries could receive exemptions. Reports over the weekend had already lifted markets on Monday, but optimism was somewhat dampened after the Conference Board’s Consumer Confidence Index declined in March, fueling concerns over trade policy’s potential impact on economic growth and inflation.
Sector Performance and Stock Movers
Among sectors, communication services (+1.43%) and consumer discretionary (+0.98%) led gains, while utilities (-1.61%) and healthcare (-1.29%) posted the biggest losses. Within the Dow Jones, Goldman Sachs (+1.01%) and JPMorgan Chase (+1.24%) stood out.
Biggest Gainers and Losers
Top gainers:
Biggest decliners:
-
MicroAlgo (-16.6%)
-
Unifirst (-13.3%)
-
Kingfisher (-12%)
-
Immunovant (-9%)
-
Oklo (-8.8%)
www.fxleaders.com