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S&P Rallies by Noon
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Baystreet

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S&P Rallies by Noon

  • The S&P 500 climbed to positive territory on Tuesday, in another volatile session as the market awaited clarity from President Donald Trump regarding his tariff policy rollout.
  • Wall Street faced pressure due to weaker-than-expected economic data, including the Institute for Supply Management manufacturing survey and February's job openings.
  • The Trump administration is considering implementing tariffs of about 20% to most imports into the U.S., adding to the market uncertainty.
  • The S&P 500 touched a six-month low before recovering, marking the worst quarterly performance since 2022, while the NASDAQ Composite dropped 10% in the first quarter.

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