LEIBOVIT VR NEWSLETTERS – ‘TURNAROUND TUESDAY’ – MARCH 4, 2025 -SELL-OFF CAME AS NO SURPRISE
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U.S. Stocks Move Sharply Lower On Tariff Concerns
After showing a lack of direction early in the session, stocks moved sharply lower over the course of the trading day on Monday. The major averages all showed significant moves to the downside, with the tech-heavy Nasdaq plunging to a four-month closing low.
The major averages climbed off their worst levels going into the close but remained firmly negative. The Nasdaq dove 497.09 points or 2.6 percent to 18,350.19, the S&P 500 tumbled 104.78 points or 1.8 percent to 5,849.72 and the Dow slumped 649.67 points or 1.5 percent to 43,191.24.
The substantial weakness that emerged on Wall Street came amid concerns about the economic impact of President Donald Trump’s proposed tariffs.
During an appearance on Fox News over the weekend, Commerce Secretary Howard Lutnick described the proposed 25 percent tariffs on imports from Mexico and Canada as “fluid” […]
LEIBOVIT VR NEWSLETTERS – MONDAY, MARCH 3, 2025
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U.S. Stocks Finish Volatile Session Sharply Higher
Following the significant pullback seen over the course of the previous session, stocks saw substantial volatility during trading on Friday. The major averages swung wildly back and forth across the unchanged line before eventually closing sharply higher.
The major averages showed strong moves to the upside going into the close, ending the session near their best levels of the day. The Nasdaq surged 302.86 points or 1.6 percent to 18,847.28, the S&P 500 shot up 92.93 points or 1.6 percent to 5,954.50 and the Dow jumped 601.41 points or 1.4 percent to 43,840.91.
Despite the late-day rally, the Nasdaq plunged by 3.5 percent for the week and the S&P 500 slumped by the 1.0 percent. The narrower Dow, on the other hand, posted a 1.0 percent weekly gain.
Stocks moved mostly higher early in the session as traders looked look […]
