Today the United States Stock Market was mixed for April 2nd,2025. The sector specific stocks were volatile and people were concerned about Liberation Day (Trump’s tariffs rolled out today). Overall, the performance was up and down.
The S&P 500 was down today, breaking its streak of being up for 3 days straight. This was because of deficits in tech sectors. Nvidia was down because of concerns in China and their strict regulations announcement in trading markets today. As a result, the Nasdaq fell sharply by 2%, while the Dow Jones Industrial Average managed a smaller decline of approximately 0.3%. The durable goods sector rose today nonetheless, rising 0.9% and exceeding expectations.
Today President Trump released tariffs on vehicles that are not US brand, this is a trade policy concern on markets for those that invest in vehicles. This led to uncertainty and kept market sentiment fragile, where investors want to be careful in the following weeks. Today, bond yields climbed higher, with the 10-year Treasury yield reaching 4.35%. This concludes that despite Trump’s tariffs some investments can still do well. Apple was up 0.31% and Amazon was up 2% today. Microsoft dipped slightly, while TSLA soared. Part of the reason people can expect Tesla stock to do well is because Elon Musk is in office with President Donald Trump, and the tariffs on international vehicles such as Porsche, BMW, and Honda may lead people to buy Tesla’s cars instead, raising its stock.
Looking at other things, the European exchange was down as the tariffs were implemented. Germany did have a positive fiscal landscape result, but it canceled out their stocks with the tariffs. The Asian exchange market had a pretty solid result. One country that shouldn’t be affected by the tariffs is Singapore. This is because all US exports to Singapore under the FTA are Duty Free and vice versa.
