By Iain Gilbert
Date: Monday 31 Mar 2025
(Sharecast News) - Major indices turned in a mixed performance on Monday as market participants patiently awaited clarity on Donald Trump's planned tariff measures.
At the close, the Dow Jones Industrial Average was up 1.00% at 42,001.76, while the S&P 500 gained 0.55% to 5,611.85 and the Nasdaq Composite saw out the session 0.14% weaker at 17,299.29.
The Dow closed 417.86 points higher on the final day of both March and Q1, taking a bite out of losses recorded in the previous session as traders braced for Trump's new 25% auto levy to come into effect on Wednesday, which he has branded "Liberation Day".
Trump did little to quell fears over the weekend, with the US president reportedly pushing his advisors to be even more aggressive with their tariff plans, according to the Wall Street Journal. Trump also said he "couldn't care less" if foreign automakers raised prices as a result of his new tariffs.
He also stated the levies would take aim at all countries, as opposed to just the 10-15 countries that have a trade imbalance with the US, and vowed that tariffs would remain in place for the entirety of his second term. White House press secretary Karoline Leavitt said on Monday that it was "time for reciprocity" and a president to take "historic change" to do "what's right for the American people".
On the macro front, the Chicago Federal Reserve's March purchasing managers' index rose to 47.6 in March, up from 45.5 in February and better than the 45.2 reading expected on the Street.
Elsewhere, the Dallas Fed's manufacturing business index decreased to -16.3 in March, down from 8.3 in February.
No major corporate earnings were released on Monday.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Walmart Inc. (WMT) $87.79 3.10%
Home Depot Inc. (HD) $366.49 2.33%
Visa Inc. (V) $350.46 2.22%
Apple Inc. (AAPL) $222.13 1.94%
International Business Machines Corporation (CDI) (IBM) $248.66 1.91%
Coca-Cola Co. (KO) $71.62 1.78%
McDonald's Corp. (MCD) $312.37 1.72%
Dow Chemical Co. (DOW) $34.92 1.63%
Amgen Inc. (AMGN) $311.55 1.50%
Unitedhealth Group Inc. (UNH) $523.75 1.49%
Dow Jones - Fallers
Boeing Co. (BA) $170.55 -1.59%
Microsoft Corp. (MSFT) $375.39 -0.90%
Salesforce.Com Inc. (CRM) $268.36 -0.60%
Walgreens Boots Alliance, Inc. (WBA) $11.17 -0.18%
Dowdupont Inc. (DWDP) $0.00 0.00%
Intel Corp. (INTC) $22.71 0.00%
Caterpillar Inc. (CAT) $329.80 0.03%
Nike Inc. (NKE) $63.48 0.30%
Goldman Sachs Group Inc. (GS) $546.29 0.58%
Merck & Co. Inc. (MRK) $89.76 0.59%
S&P 500 - Risers
Discover Financial Services (DFS) $170.70 7.54%
American International Group Inc. (AIG) $86.94 3.97%
Helmerich & Payne Inc. (HP) $26.12 3.40%
Omnicom Group Inc. (OMC) $82.91 3.33%
Capital One Financial Corp. (COF) $179.30 3.33%
Interpublic Group of Companies Inc. (IPG) $27.16 3.31%
Altria Group Inc. (MO) $60.02 3.22%
Ford Motor Co. (F) $10.03 3.19%
Dollar Tree Inc (DLTR) $75.07 3.19%
Walmart Inc. (WMT) $87.79 3.10%
S&P 500 - Fallers
Nektar Therapeutics (NKTR) $0.68 -7.77%
Kohls Corp. (KSS) $8.18 -3.42%
Alexandria Real Estate Equities Inc. (ARE) $92.51 -3.23%
Ipg Photonics Corp. (IPGP) $63.14 -3.06%
Foot Locker Inc. (FL) $14.10 -3.03%
MGM Resorts International (MGM) $29.64 -2.37%
Hewlett Packard Enterprise (HPE) $15.43 -2.28%
Alaska Air Group Inc. (ALK) $49.22 -2.21%
Synopsys Inc. (SNPS) $428.85 -2.08%
Bath & Body Works, Inc. (BBWI) $30.32 -2.04%
Nasdaq 100 - Risers
Dollar Tree Inc (DLTR) $75.07 3.19%
Intuit Inc. (INTU) $613.99 2.52%
NetEase Inc. Ads (NTES) $102.94 2.20%
Fiserv Inc. (FI) $220.83 2.17%
Paychex Inc. (PAYX) $154.28 2.15%
Qvc Group Inc Series A (QVCGA) $0.20 2.08%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $366.54 1.97%
Apple Inc. (AAPL) $222.13 1.94%
Texas Instruments Inc (TXN) $179.70 1.91%
Ross Stores Inc. (ROST) $127.77 1.87%
Nasdaq 100 - Fallers
Mercadolibre Inc. (MELI) $1,950.87 -4.75%
Workday, Inc. (WDAY) $233.53 -2.08%
Synopsys Inc. (SNPS) $428.85 -2.08%
Asml Holdings N.V. (ASML) $662.63 -1.77%
Micron Technology Inc. (MU) $86.89 -1.75%
Tesla Inc (TSLA) $259.16 -1.67%
Vertex Pharmaceuticals Inc. (VRTX) $484.66 -1.63%
Take-Two Interactive Software Inc. (TTWO) $207.25 -1.53%
Baidu Inc. (BIDU) $92.03 -1.44%
American Airlines Group (AAL) $10.55 -1.40%
Email this article to a friend
or share it with one of these popular networks:
You are here: news