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Stocks continue to rebound, but Tesla shares head in reverse | Global News Avenue

Stocks continue to rebound, but Tesla shares head in reverse

Shares on Monday continued to reduce some of the losses from last week and were encouraged. Retail data Across the United States, it shows that the economy is still moving forward.

“We believe this morning’s February retail report provides limited, modest economic slowdowns rather than signaling a party recession,” said Jennifer Timmerman, an investment strategy analyst at Wells Fargo Investment Institute.

The S&P 500 rose 36 points, or 0.6%, to end with a score of 5,675. The Dow Jones industrial average rose 353 points, or 0.8%, while the technology-heavy Nasdaq Complex rose 0.3%.

Earnings increased a healthy rebound on Friday, temporarily placing Wall Street concerns about the economy’s stagnation. However, investors are Trump administration tariffs in Canada, China, Mexico, the EU and other U.S. trading partners.

Pepsi shares announced a deal to buy Poppi (the soda brand of prebiotics) and increased by 2% Nearly $2 billion. Intel shares rose 8% last week after chipmakers appointed former board member and semiconductor veteran Lip-bu Tan as CEO.

Move in the opposite direction: Tesla. Stocks of the electric car maker led by Elon Musk fell nearly 5%. The company warned last week in a letter to the U.S. Trade Representative’s Office of the White House’s trade policy Possibly harm electric car manufacturers.

“As a U.S. manufacturer and exporter, Tesla encourages USTR to consider the downstream impact of certain proposed actions taken to address unfair trade practices,” Tesla wrote.

The letter came on social media on the same day that President Trump said he would buy Tesla to support Musk and his company’s downturn stock.

Tesla’s shares have fallen about 41% this year, although it has grown 46% in the past 12 months in the weeks following Mr. Trump’s election victory in November.

Waiting for the Federal Reserve

Financial markets this week will be adjusted in the Fed’s interest rate decision on Wednesday. Economists overwhelmingly hope that central banks will keep their benchmarks unchanged. CME FedWatch. Federal President Jerome Powell may be asked whether policymakers see signs that Trump administration tariffs can raise inflation, Stay far beyond Central Bank’s annual target is 2%.

Still, Wall Street analysts are expected to see more volatility in the coming weeks amid the ongoing uncertainty caused by global trade spit. Trump administration threatens on April 2 Collect matching tariffs The date for the U.S. to impose 25% of U.S. imports to U.S. imports (has been postponed for one month to allow negotiations) is Begins to take effect.

“While financial markets appear to be stabilizing, investors are deciding whether to buy dumping or sell rallies in an environment with unusually high policy uncertainty,” Jason Draho, head of global wealth management at UBS, said in a note on Monday. “A game theory assessment of potential tariff outcomes suggests that Trump’s best strategy is to announce mutual tariffs on April 2 and then start lowering negotiations.”

Contributed to this report.

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