Stock market today: S&P 500 posts worst week since September as Trump tariffs rattle markets
Published On Mar 7, 2025, 4:07 PM
US stock markets experienced volatility amid a mixed monthly jobs report that showed fewer jobs added than expected and a slight increase in the unemployment rate. The Dow and S&P 500 both rose by 0.5% to cap off a challenging week, while the Nasdaq gained 0.7% coming out of correction territory. Concerns surrounding President Trump's trade policies and potential interest rate cuts by the Federal Reserve are influencing investor sentiment. Notably, Broadcom's stock surged as the company provided a positive sales forecast, signaling strong demand in the semiconductor sector, particularly for AI-related products.
Stock Forecasts
AVGO
Positive
Broadcom's strong second quarter revenue forecast indicates growing demand for semiconductor technology, particularly in AI. This could lead to potential upward movement in their stock as investor confidence increases.
SPY
Negative
Despite the slight uptick in the unemployment rate and lower job additions, concerns about economic growth and trade policies could continue to pressurize the market overall, which may reflect negatively on broader indices.
Related News
Stock market today: Dow, S&P 500, Nasdaq rise after jobs report, Powell speech
Mar 7, 2025, 2:37 PM
Wall Street is assessing the crucial monthly jobs report amid market uncertainty driven by President Donald Trump's volatile trade policy.
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Mar 7, 2025, 12:30 PM
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.
Stock market today: Dow, S&P 500, Nasdaq rise after jobs report, Powell speech
Mar 7, 2025, 1:31 PM
Wall Street is assessing the crucial monthly jobs report amid market uncertainty driven by President Donald Trump's volatile trade policy.