VR METALS/RESOURCE LETTER – WEDNESDAY – APRIL 9, 2025 – IS THE WALL STREET JOURNAL AND JIM CRAMER TURNNG LEFT DUE TO PRESIDENT TRUMP’S TARIFFS?
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LEBOVIT VR NEWSLETTERS – WEDNESDAY – APRIL 9, 2025 – IS THE WALL STREET JOURNAL AND JIM CRAMER TURNNG LEFT DUE TO PRESIDENT TRUMP’S TARIFFS?
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U.S. Stocks Pull Back Sharply As Early Buying Interest Evaporates
Stocks moved sharply higher early in the session on Tuesday but showed a substantial downturn over the course of the trading day. The major averages pulled back well off their highs of the session and tumbled firmly into negative territory.
The major averages climbed off their worst levels going into the close but still posted significant losses on the day. The Nasdaq plunged 335.35 points or 2.2 percent to 15,267.91, the S&P 500 slumped 79.48 points or 1.6 percent to 4,982.77 and the Dow slid 320.01 points or 0.8 percent to 37,645.59.
Earlier in the day, the Dow had jumped by nearly 3.9 percent, while the S&P 500 and Nasdaq had both surged more than 4 percent.
With the downturn on the day extending the recent nosedive, the Dow and the Nasdaq dropped to their lowest closing levels in over a year and the S&P 500 hit a nearly one-year closing low.
The early rally on […]
