financetom
Market
financetom
/
Market
/
Equity Markets Mixed Ahead of Tariff Announcements
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Equity Markets Mixed Ahead of Tariff Announcements
Mar 31, 2025 1:19 PM

03:50 PM EDT, 03/31/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Monday, as markets get ready for more tariff announcements from the Trump administration later this week.

The Dow Jones Industrial Average gained 1.1% to 42,013.8, while the Nasdaq Composite decreased 0.3% to 17,262.4. The S&P 500 was up 0.5% to 5,607.6. Technology and consumer discretionary were the only sectors in the red.

Corcept Therapeutics ( CORT ) shares soared 109% after the company said its phase 3 trial of relacorilant plus nab-paclitaxel to treat a type of ovarian cancer met its primary goal.

Newton Golf ( NWTG ) shares were up 44% after the company reported a Q4 net sales year-over-year increase Monday of 817%.

Shares of Moderna ( MRNA ) were down 7.6%, the worst performer on the S&P 500. The top vaccine official at the US Food and Drug Administration resigned late Friday, blaming the current US Secretary of Health and Human Services for seeking "subservient confirmation of his misinformation and lies."

The 10-year US Treasury yield lost 0.8 basis points to 4.2%, while the two-year rate was down 1.4 basis points to 3.9%.

May West Texas Intermediate crude oil was up 3% to $71.48 a barrel.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-Wall Street mixed in choppy trade as tech regains ground
US STOCKS-Wall Street mixed in choppy trade as tech regains ground
Jun 21, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * U.S. business activity inches up in June * Spirit Aero up following report of Boeing ( BA ) nearing buyout deal * Sarepta surges on expanded use of gene therapy * Indexes: Dow down 0.02%, S&P up 0.04%, Nasdaq...
US credit spreads widen on political jitters, Treasuries rally
US credit spreads widen on political jitters, Treasuries rally
Jun 21, 2024
NEW YORK (Reuters) - The spreads between U.S. investment-grade corporate bond yields and U.S. Treasuries have surged to their highest in over three months, in a sign of risk aversion due to political uncertainty in France and as U.S. government bonds rallied. Spreads indicate the premium investors demand to hold corporate bonds rather than safer government securities. The spread on...
Exchange-Traded Funds, US Equities Mixed in Midday Friday Trading
Exchange-Traded Funds, US Equities Mixed in Midday Friday Trading
Jun 21, 2024
01:12 PM EDT, 06/21/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were mixed, with the latter trading lower midday Friday. Actively-traded Invesco QQQ Trust (QQQ) was down 0.1%. US equity indexes traded mixed, while most government bond yields rose after a manufacturing index climbed to a three-month high and a leading indicators' index declined...
Macro Data Leave Equity Markets Mixed Intraday
Macro Data Leave Equity Markets Mixed Intraday
Jun 21, 2024
12:42 PM EDT, 06/21/2024 (MT Newswires) -- US benchmark equity indexes were mixed midday Friday as investors evaluated the latest economic data, including a report showing private-sector output growth in June rose to its highest level since April 2022. The Nasdaq Composite was up 0.3% at 17,772.2, while the S&P 500 rose 0.1% to 5,475.8. The Dow Jones Industrial Average...
Copyright 2023-2025 - www.financetom.com All Rights Reserved