US close, nos etc..25 Mar 2025 06:46
Nyse data
Issues 2841
Advances 2059
Declines 716
U/c 66
NH 26
NL 17
T/v(tn) 1•1
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DJ +598 (42,583)
SP +100 (5768)
NS +426 (20,180)
R2 +33 (1221)
WTI $69
10ytb 4•330%
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MSCI(W) +46 (3736)
Gold Bugs -1 (351)
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Latest :- Vix 17. Brent $72.
Gold $3016. Copper $5•112.
Palm $1035. Silver $33•650.
$1•292. €1•196.
FF -27. DF -68.
Markets breathed a sigh of relief amid reports Trump may hold back some reciprocal tariffs set to start on April 2nd. He is said to be adopting a more moderate approach by omitting a set of industry specific tariffs.
On the big board top 30, stocks turned in a fine performance yesterday led by the tech sector posting solid gains. The 500 snapped a 4 week losing streak which has occurred only 66 times since 1928.
The 500 & Nsdq fell into correction territory earlier this month which legendary investor Paul Tudor Jones says when an asset price falls below its 200 DMA its time to get out.
Only 7 stocks ended down on the day, led by Nike, Merck & Verizon. Heading higher HD, Amazon, Nvidia & Tesla whose European sales plummeted 45% and to make matters worse was outsold by BYD the big Chinese EV maker.
However US investors piled into an oversold Tesla who extended its rally of Friday by surging $34 (12%) clawing back some of this year's losses to join other top S&P performers United Airlines +7% and AMD up 7%.
Morning all.