Friday, 7 March 2025: Investors digest Trumps Tariffs
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.
Friday, 7 March 2025: Investors digest Trumps Tariffs
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.