Big Tech Drives Stocks Higher: Closing Bell Analysis
March 25, 2025
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10:26Now PlayingBig Tech Drives Stocks Higher: Closing Bell Analysis
YouTube Description
as posted by the channelA late-day rally in several big techs drove stocks higher on Tuesday, though gains moderated after one of the market’s best days in 2025 as traders assessed economic risks amid the threat of trade war.
After fluctuating throughout most of the session, the S&P 500 managed to close up by 0.2%. A slide in consumer confidence to a four-year low weighed on Wall Street sentiment. That’s even as traders added to wagers on Federal Reserve interest-rate cuts this year. Bond yields slipped. The dollar halted a four-day advance. Oil declined as US said Russia and Ukraine have agreed to a ceasefire in the Black Sea. US copper surged to a record.
The Nasdaq 100 rose 0.5%. The Dow Jones Industrial Average was little changed. A gauge of megacaps outpaced the market, with only Nvidia Corp. dropping. KB Home sank after cutting its sales forecast. AT&T Inc. is said to be in talks to buy Lumen Technologies Inc.’s consumer fiber operations. The yield on 10-year Treasuries slid two basis points to 4.31%. The dollar dropped 0.1%.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec.
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