LEIBOVIT VR NEWSLETTERS – THURSDAY – MARCH 6, 2025
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U.S. Stocks Recover From Early Weakness To Close Sharply Higher
Stocks showed a significant turnaround over the course of the trading session on Wednesday, recovering from early weakness to end the day sharply higher. With the rebound, the major averages regained some ground after moving substantially lower over the past several sessions.
The major averages pulled back off their best levels going into the close but still posted strong gains. The Nasdaq surged 267.57 points or 1.5 percent to 18,552.73, the S&P 500 shot up 64.48 points or 1.1 percent to 5,842.63 and the Dow jumped 485.60 points or 1.1 percent to 43,006.59.
The early weakness on Wall Street reflected lingering concerns about the economic impact of President Donald Trump’s new tariffs on Canada, Mexico and China.
However, stocks rebounded after a report from Bloomberg said the Trump administration is considering a one-month delay for automakers from […]
LEIBOVIT VR NEWSLETTERS – WEDNESDAY – MARCH 5, 2025 – ‘TURNAROUND TUESDAY’ HAD AN INTERESTING TWIST YESTERDAY THAT’S FOR SURE
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