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Markets News, March 24, 2025: Stocks Surge as Investors React to Latest News on Tariffs; Tesla Jumps 12% to Lead Tech Rally


Published on 2025-05-12 09:21:02 - Investopedia
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  • Stocks closed sharply higher on Monday as investors digested reports that the Trump administration could reduce the scope of tariffs that are scheduled to be imposed next week.

On March 24, 2025, the Dow Jones Industrial Average (DJIA) experienced a slight decline, closing down 0.15% at 39,127.43 points. This minor dip was influenced by mixed economic data and ongoing geopolitical tensions, which kept investors cautious. Notable performers included tech giants like Apple and Microsoft, which saw gains, while financial stocks such as JPMorgan Chase and Goldman Sachs experienced losses. The market's reaction was also shaped by the latest Federal Reserve statements hinting at potential interest rate adjustments later in the year, contributing to the overall uncertainty. Despite the day's downturn, the DJIA remains near record highs, reflecting a resilient market amidst various challenges.

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