Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Tech Stocks Lift Market as Tariffs Loom: Closing Bell Analysis
Posted
April 1, 2025
Views
1,011
Likes
7
Comments
8
Engagement
April 1, 2025
1,011
7
8
1.48%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
10:11Now PlayingA rally in the world’s largest tech companies lifted stocks as investors brushed off weak economic readings to focus on prospects for interest-rate cuts ahead of President Donald Trump’s tariff rollout.
In another volatile session, the S&P 500 wiped out a 1% slide that was triggered by weak manufacturing and jobs data. A gauge of the “Magnificent Seven” megacaps halted a four-day selloff. Treasury yields dropped as traders slightly boosted their bets on Federal Reserve policy easing. That’s despite a surge in a price measure. Canada’s loonie and Mexico’s peso gained on news the leaders of both countries held a “productive” call on trade.
It’s a been a dizzying period for investors bracing for Trump’s tariffs. As the deadline approaches, it’s not clear how far he’ll go in overturning the current rules-based system of global commerce. The uncertainty has shaken markets, prompted economists to cut their growth forecasts and forced central bankers to factor in the potential inflationary impact of import costs.
The S&P 500 rose 0.4%. The Nasdaq 100 added 0.8%. The Dow Jones Industrial Average wavered. All seven megacaps gained, with Tesla Inc. up 3.6%. Conservative media outlet Newsmax Inc. surged more than 2,000% since its Monday debut. Johnson & Johnson tumbled after the company’s plan to settle thousands of talc-related lawsuits through bankruptcy was shot down in court. The yield on 10-year Treasuries declined four basis points to 4.17%. The dollar was little changed.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Tim Stenovec.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
