Market Brief 24 March, 2025

Good evening, investors and traders! The markets are experiencing a surge of optimism today, driven by reports that President Trump is softening his stance on tariffs. The S&P 500 Index (GSPC) is up by 1.9% to 5,770.05, while the Nasdaq 100 Index (NDX) has gained 2.25% to 20,184.7. This positive sentiment has also boosted Bitcoin, which is trading above $87,000. The news of a potential gold-backed Bitcoin purchase by the US government has further fueled the rally. Meanwhile, Tesla shares have surged by 12%, marking their largest one-day gain since November 6th.