Market Brief 27 March, 2025
Good evening, investor! The markets are experiencing a mixed bag of emotions today. The S&P 500 Index (GSPC) is down by -0.37% at 5,690.32, while the Nasdaq 100 Index (NDX) is down by -0.57% at 19,795.72. President Trump's announcement of 25% tariffs on imported cars has sent shockwaves through the markets, with the US Dollar rebounding as a safe haven. The news has also impacted the auto industry, with Tesla shares surging by over 7% and GM stock taking the biggest hit. Meanwhile, gold prices have climbed to a new record high, reaching $3,057.75/oz.
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