Morgans AM

Friday, 7 March 2025: Investors digest Trumps Tariffs


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  • U.S. equity markets were down overnight as the market digests Trumps whipsawing tariff decisions.   
  • The Dow was down -0.92% to 42,612 points.
  • Nvidia was the main drag, falling -5.52% after CFO Colette Kress stated it would take some time for them to meet demand for their Blackwell chips.
  • Goldman Sachs was also weak, falling -4.27%.
  • The broader S&P500 fell -1.69% to 5,743 points. Energy was the top performing sector, up 0.63%. Consumer Discretionary and Real Estate sat at the foot of the primary sector leaderboard, down -3.01% and -2.61% respectively.
  • Trading platform MarketAxess was the top performer, closing up 5.26% after reporting stronger institutional trading volumes.
  • BestBuy closed up 4.21% to partially recover from its strong sell off earlier in the week.
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Morgans AMBy Morgans Financial Limited


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