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Stock Market Today: Stocks power higher on tariff relief hopes


Published on 2025-03-24 15:41:13 - TheStreet
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  • The S&P 500 snapped a four-week losing streak, but remains deeply underwater heading into the close of the first quarter.

The article from MSN Money discusses the positive movement in the U.S. stock market, driven by hopes of relief from tariffs. The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw gains, with the S&P 500 increasing by 0.6%, the Dow by 0.6%, and Nasdaq by 0.8%. This surge was primarily fueled by news that the U.S. might lift tariffs on Chinese imports, which would ease tensions in the ongoing trade war. Additionally, the market reacted positively to a report showing a decrease in U.S. inflation rates, suggesting that the Federal Reserve might pause or slow down its rate hikes. Specific sectors like technology and industrials led the gains, with companies like Apple and Caterpillar benefiting from the potential tariff relief. However, the article also notes that despite the day's optimism, broader economic concerns like potential recessions and geopolitical issues remain.

Read the Full TheStreet Article at:
[ https://www.msn.com/en-us/money/markets/stock-goarket-today-stocks-power-higher-on-tariff-relief-hopes/ar-AA1BxbAr ]