Stock Market Update
02-Apr-25 12:10 ET
Treasury unwinding safe-haven moves
Dow +67.56
at 42057.52,
Nasdaq +73.63
at 17523.52,
S&P +11.54
at 5644.61
[BRIEFING.COM] The stock market trades higher, but moves are limited as investors wait on today's tariff announcements. Participants won't have a chance to react until tomorrow because the president is scheduled to speak 4:00 p.m. ET.
CNBC reported not long ago that a 20% universal tariff is unlikely, but the market will have to wait a few more hours to find out for sure. There's also some optimism that tariff are still largely being used as bargaining chips to bring other countries to the negotiating table.
Treasury yields have moved up, reflecting some unwinding of safe-haven trading. The 10-yr yield is at 4.19%.
