Stocks rallied on Wednesday, with the Dow gaining 485 points after the White House announced a one-month delay on tariffs for Canadian and Mexican auto imports. The ADP report showed only 77,000 private payrolls added in February, below expectations, while services sector growth exceeded forecasts. CrowdStrike shares fell 6.3% due to weak guidance, while Huntington Ingalls surged 12.4% following Trump’s pledge to support the shipbuilding industry.
about Dow Rises 485 Points as Tariff Delays Boost Market ConfidenceAutomatic Data Processing Inc
0 in Finance and 0 in Crypto last weekU.S. Stock Market Rebounds Amid Tariff Relief Hopes and Weak Job Data
U.S. stocks rebounded on March 5, 2025, as hopes for tariff relief under President Trump boosted investor confidence, with the S&P 500 rising 0.4%, the Dow gaining 0.6%, and the Nasdaq up 0.2%. However, a weak ADP report showing only 77,000 private-sector jobs added in February raised concerns about a slowing labor market ahead of the crucial nonfarm payrolls report on March 8. Commerce Secretary Howard Lutnick hinted at potential tariff rollbacks for Canada and Mexico, as market volatility continues amid trade tensions.
about U.S. Stock Market Rebounds Amid Tariff Relief Hopes and Weak Job DataUS Job Growth Slows Significantly Amid Economic Concerns and Tariff Talks
U.S. companies significantly reduced hiring in February, adding only 77,000 jobs, which is about half of the expected figure and well below January’s revised total of 186,000. This slowdown is seen as indicative of a weakening economy, bolstering the case for potential Federal Reserve interest rate cuts. Market reactions remained stable following the news, while tariffs, particularly those on Canada and Mexico, continue to be a concern after a recent stock market decline and President Trump’s address to Congress.
about US Job Growth Slows Significantly Amid Economic Concerns and Tariff TalksTrade Tensions Rise as Tariffs Impact Automakers and Global Markets
Automakers may receive a 30-day exemption from tariffs if they commit to increasing U.S. production. Meanwhile, CK Hutchison Holdings plans to sell 43 ports globally for over $19 billion amid trade tensions, boosting its stock by 25%. Concerns over tariffs and economic slowdown have led to market volatility, with the S&P 500 hitting its lowest level since November 2024.
about Trade Tensions Rise as Tariffs Impact Automakers and Global MarketsEuropean Markets Decline as Tech Stocks Fall Amid China Competition Concerns
European markets opened lower, with the Stoxx 600 index down 0.69% and tech stocks falling 4% amid concerns over competition from China’s DeepSeek AI model. Ryanair revised its passenger traffic goals due to Boeing delivery delays but reported stronger-than-expected profits for the December quarter. Spot gold rose 1% to $2,781.66 per ounce, nearing its all-time high, driven by political and economic uncertainties.
about European Markets Decline as Tech Stocks Fall Amid China Competition ConcernsDecember Jobs Report Indicates Cooling Labor Market and Future Challenges
The December Jobs Report is anticipated to reveal a cooling labor market, with economists predicting the addition of 160,000 to 165,000 jobs, down from November’s 227,000. The unemployment rate is expected to remain steady at 4.2%, reflecting a balanced labor market amid economic adjustments under the incoming Trump administration.Key sectors driving job growth include health care and social assistance, while potential policy changes may impact employment in critical industries. Despite signs of a slowdown, optimism persists for a recovery in 2025, bolstered by the Federal Reserve’s interest rate cuts and improved consumer activity.
about December Jobs Report Indicates Cooling Labor Market and Future ChallengesStock Market Trading Suspended for Jimmy Carter’s Funeral and Economic Updates
Stock markets will halt trading on Thursday in honor of former President Jimmy Carter, who passed away at 100. Known for his humanitarian efforts post-presidency, Carter’s tenure was marked by challenges, including the Iran Hostage Crisis.On Friday, the U.S. Bureau of Labor Statistics will release the Employment Situation report, with expectations of 155K jobs added in December and an unemployment rate steady at 4.2%. This report is crucial for the Federal Reserve’s monetary policy considerations amid ongoing economic concerns.
about Stock Market Trading Suspended for Jimmy Carter's Funeral and Economic UpdatesStocks Show Mixed Results Amid Economic Concerns and Tariff Speculation
Stocks experienced a mixed day, with the S&P 500 and Dow Jones gaining slightly, while the Nasdaq dipped. Economic reports indicated a slowdown in job creation and wage growth, alongside concerns about persistent inflation, especially with President-elect Trump’s potential declaration of a national economic emergency to impose import tariffs, which could further elevate prices for consumers. The Federal Reserve’s minutes highlighted significant uncertainty regarding inflation, leading forecasters to predict no interest rate cuts in January.
about Stocks Show Mixed Results Amid Economic Concerns and Tariff SpeculationUS Stocks Decline as Traders React to Tariff Plans and Rising Yields
US stocks fell as traders reacted to reports that President-elect Trump may use emergency powers to impose steep tariffs, raising concerns over inflation and interest rates. The 10-year Treasury yield climbed above 4.7%, its highest since last spring, while private payroll data showed job growth lagging expectations. Investors are awaiting key economic indicators, including the December FOMC meeting minutes and the upcoming jobs report, which will influence the Federal Reserve’s interest rate decisions.
about US Stocks Decline as Traders React to Tariff Plans and Rising YieldsUS stocks fluctuate amid tariff discussions and interest rate concerns
US stocks fluctuated as investors reacted to reports of President-elect Trump’s potential national economic emergency declaration to implement tariffs. The S&P 500 oscillated between gains and losses, while the Nasdaq fell 0.2%. Market focus remains on economic indicators and the Federal Reserve’s upcoming minutes, which may influence interest rate expectations.
about US stocks fluctuate amid tariff discussions and interest rate concernsUS stocks rise as Trump considers tariffs and interest rate cuts loom
US stocks saw modest gains as investors reacted to reports that President-elect Trump may declare a national economic emergency to implement proposed tariffs. The S&P 500 rose 0.2%, while the Dow Jones Industrial Average gained slightly, amid concerns over inflation and interest rate cuts. Labor market data showed a slowdown in job growth, but a drop in jobless claims indicated stability, with attention now shifting to upcoming Federal Reserve minutes and the December jobs report.
about US stocks rise as Trump considers tariffs and interest rate cuts loomStock Market Update: Dow Falls as Nvidia and Quantum Stocks Struggle
The Dow Jones Industrial Average fell 0.4% amid mixed jobs data, with Nvidia attempting to recover after a significant drop. The ADP report indicated a rise in private payrolls but missed estimates, while initial jobless claims were lower than expected. Quantum computing stocks plummeted, and healthcare stocks like Merck and Johnson & Johnson also declined.
about Stock Market Update: Dow Falls as Nvidia and Quantum Stocks Struggle