Gains for S&P 500 and Nasdaq Today
Tuesday is another day of good news for the stock markets as the Nasdaq Composite climbed 1.24% and the S&P 500 gained 0.55%. The Dow Jones stumbled with a 0.06% loss.
We are seeing a slow recovery on the stock indices after the recent correction, and we expect the markets to continue recovering gradually as the week continues. There is anticipation building in the stock market for Donald Trump’s swearing in later this month, and this is driving some trading and building up consumer confidence in the economy.
Nvidia’s (NVDA) stock is climbing once more, coming out of its slump and looking forward. The stock gained 3.43% on Monday and is up 2.25% in premarket trading for Tuesday. The chipmaker unveiled its AI robot plans as well as other products it is developing that could position it on secure footing for the future.
Wal-Mart (WMT) is seeing daily gains and is growing steadily, but not substantially. Their stock is up 0.32% today, performing solidly but not as well as some of the competition. Wal-Mart stock is going to prove to be a better long-term investment than Target and Dollar Tree, though but may not be as profitable in the short term.
Why 2025 May Not Be the Banner Year 2024 Was
US stocks did incredibly well last year, closing out to record highs, but we may not see a repeat of that performance in 2025. There are a few reasons for that, namely that the Federal Reserve is looking to temper its financial plans and slow down on interest rate cuts.
There is also concern over how Donald Trump’s tariff plans will turn out. Many investors are worried that they will negatively affect the markets and drive business away from the US and increase costs for many businesses. However, they could have exactly the effect that Trump is hoping they will and increase income for US businesses and cut back on the trend of jobs and services being outsourced to other countries.
The hopefulness that surrounded the US markets when Trump was announced as President-elect may face the harsh reality of what his first year in office will really entail. The progress he has promised may be slow in coming and may not positively affect America’s economy until well into his term.
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