Mixed finish as Wall Street gyrates in Trump-tariffs limbo

Record ID: 1987611

  • Title: Mixed finish as Wall Street gyrates in Trump-tariffs limbo
  • Date: 1st April 2025
  • Summary: NEW YORK, NEW YORK, UNITED STATES (APRIL 1, 2025) (REUTERS) (SOUNDBITE) (English) PRESIDENT OF SUMMIT PLACE FINANCIAL ADVISORS, LIZ MILLER, SAYING: "You know, when we look back on today, there just was not a whole lot going on. The first day of a new quarter, usually we see some relief, particularly after the difficult quarter we had. But really, the quarter hasn't ended b
  • Embargoed:
  • Keywords: Donald Trump Dow Nasdaq S&P 500 tariffs uncertainty volititle
  • Location: NEW YORK, NEW YORK, UNITED STATES
  • City: NEW YORK, NEW YORK, UNITED STATES
  • Country: US
  • Topics: Economic Events,North America,Equities Markets
  • Reuters ID: LVA002344201042025RP1
  • Aspect Ratio: 16:9
  • Story Text: Wall Street benchmarks ended in mixed fashion on Tuesday (April 1) after a topsy-turvy session, as investors were caught in limbo ahead of the impending tariff announcements from the Trump administration.
    Financial markets have been volatile in recent weeks as investors assessed the economic fallout of U.S. President Donald Trump's extensive tariff plans, which have sparked worries about a U.S. economic slowdown and higher inflation.
    Some of the uncertainty that has gripped markets is expected to dissipate after Trump unveils his tariff plan on Wednesday (April 2) during an event in the Rose Garden, currently scheduled for 4 p.m. EDT.
    However, while clarity on the specific tariff measures will be welcomed by investors, the overall backdrop is set to remain highly uncertain, making it difficult for markets to agree on directionality.
    The S&P 500 gained 21.22 points, or 0.38%, to end at 5,633.07 points, while the Nasdaq Composite gained 150.60 points, or 0.87%, to 17,449.89. The Dow Jones Industrial Average fell 11.80 points, or 0.03%, to 41,989.96.
    (Production: Lisa Bernhard, Kyoko Gasha)
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2025. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
Register