US open: Dow Jones claws back some of yesterday's heavy losses
By Iain Gilbert
Date: Tuesday 22 Apr 2025
(Sharecast News) - Major indices reclaimed some of yesterday's heavy losses early on Tuesday as markets remain volatile following the announcement of Donald Trump's "reciprocal" tariffs earlier this month.
As of 1525 BST, the Dow Jones Industrial Average was up 1.73% at 38,831.41, while the S&P 500 advanced 1.70% to 5,246.02 and the Nasdaq Composite came out the gate 1.95% firmer at 16,181.06.
The Dow opened 661.00 points higher on Tuesday, clawing back much of the previous session's losses that came amid heightened tensions between the White House and the Federal Reserve Bank as Donald Trump branded Jerome Powell a "major loser" and economic advisor Kevin Hassett stated the administration was currently looking into his possible "termination".
Stocks were in the green at the open following Monday's heavy sell-off, with both the Dow Jones and Nasdaq Composite turning in their fourth consecutive losing sessions amid growing concerns about the deteriorating relationship between the central bank and the Trump administration.
On Tuesday's macro slate, the Richmond Federal Reserve's manufacturing index plummeted to -13 in April, down from March's -4 reading and far worse than analysts' estimates of -6, with the shipments index falling to -17 from -7 and new orders dropping from 5 to -17.
Market participants will also focus on speeches from Federal Reserve bankers Patrick Harker, Philip Jefferson, Neel Kashkari, Thomas Barkin and Adriana Kugler throughout the course of the day.
In the corporate space, Verizon earnings came in ahead of Wall Street estimates, as did quarterly figures from Lockheed Martin and 3M, while Halliburton fell short of Q1 earnings estimates despite reporting revenues that topped expectations.
Still to come, Tesla will report quarterly earnings after the close.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
3M Co. (MMM) $135.28 7.29%
Intel Corp. (INTC) $19.68 4.29%
American Express Co. (AXP) $250.47 3.28%
Apple Inc. (AAPL) $199.36 3.14%
Goldman Sachs Group Inc. (GS) $516.33 2.99%
Dow Chemical Co. (DOW) $28.90 2.76%
McDonald's Corp. (MCD) $317.15 2.73%
Travelers Company Inc. (TRV) $255.93 2.54%
Walt Disney Co. (DIS) $86.00 2.38%
Walmart Inc. (WMT) $94.57 2.34%
Dow Jones - Fallers
Dowdupont Inc. (DWDP) $0.00 0.00%
Cisco Systems Inc. (CSCO) $55.17 0.23%
Amgen Inc. (AMGN) $276.48 0.23%
Microsoft Corp. (MSFT) $364.75 0.53%
Unitedhealth Group Inc. (UNH) $427.73 0.57%
Johnson & Johnson (JNJ) $158.01 0.69%
Merck & Co. Inc. (MRK) $78.43 0.75%
Verizon Communications Inc. (VZ) $43.26 0.76%
Boeing Co. (BA) $160.66 0.83%
Procter & Gamble Co. (PG) $167.51 1.06%
S&P 500 - Risers
Equifax Inc. (EFX) $243.61 13.15%
Invesco Ltd. (IVZ) $13.65 9.51%
Pentair plc (PNR) $86.00 8.91%
Quest Diagnostics (DGX) $175.35 8.33%
3M Co. (MMM) $135.28 7.29%
PulteGroup Inc. (PHM) $99.53 6.89%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $378.89 6.62%
Netflix Inc. (NFLX) $1,059.84 6.36%
Microchip Technology Inc. (MCHP) $40.55 6.32%
NRG Energy Inc. (NRG) $98.70 6.03%
S&P 500 - Fallers
Northrop Grumman Corp. (NOC) $465.93 -12.31%
RTX Corporation (RTX) $114.69 -9.06%
Halliburton Co. (HAL) $20.63 -5.91%
Zions Bancorporation (ZION) $42.71 -2.60%
Kimberly-Clark Corp. (KMB) $136.53 -2.53%
Lockheed Martin Corp. (LMT) $449.36 -1.96%
Charter Communications Inc. (CHTR) $329.12 -1.51%
Msci Inc. (MSCI) $525.76 -1.45%
Fortinet Inc. (FTNT) $93.76 -1.38%
National Oilwell Varco Inc. (NOV) $12.19 -0.77%
Nasdaq 100 - Risers
Qvc Group Inc Series A (QVCGA) $0.15 9.24%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $378.89 6.62%
Netflix Inc. (NFLX) $1,059.84 6.36%
Microchip Technology Inc. (MCHP) $40.55 6.32%
Skyworks Solutions Inc. (SWKS) $58.26 5.52%
Tesla Inc (TSLA) $238.14 4.38%
Illumina Inc. (ILMN) $74.11 4.36%
Intel Corp. (INTC) $19.68 4.29%
Trip.com Group Limited (TCOM) $56.61 4.02%
Regeneron Pharmaceuticals Inc. (REGN) $577.56 3.88%
Nasdaq 100 - Fallers
Check Point Software Technologies Ltd. (CHKP) $209.27 -2.11%
Charter Communications Inc. (CHTR) $329.12 -1.51%
T-Mobile Us, Inc. (TMUS) $257.29 -1.10%
Costco Wholesale Corp. (COST) $980.52 -0.69%
Paychex Inc. (PAYX) $143.01 -0.56%
Gen Digital Inc. (GEN) $24.02 -0.51%
Verisk Analytics Inc. (VRSK) $290.77 -0.41%
JD.com, Inc. (JD) $33.42 -0.40%
Liberty Global plc Series C (LBTYK) $10.92 -0.27%
American Airlines Group (AAL) $9.13 -0.22%
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN