Stock market today: Dow, S&P 500, Nasdaq futures jump amid hopes Trump will soften next tariff blow

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Updated Mon, Mar 24, 2025, 3:51 AM 1 min read

Markets are weighing signs that projected US reciprocal tariffs volition beryllium narrower than expected erstwhile Trump announces them connected April 2, per reports from Bloomberg and The Wall Street Journal. That's providing immoderate alleviation from fears that an escalating commercialized warfare volition thrust up ostentation and further dilatory the economy.

The output connected the 10-year Treasury (^TNX) roseate astir 4 ground points to 4.29% arsenic worries astir a tariff deed to maturation and planetary commercialized eased, and appetite for hazard sharpened.

CME - Delayed Quote USD

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Looking astatine economical information for the week to come, a speechmaking of the Fed's preferred ostentation gauge, the Personal Consumption Expenditures Index, is owed Friday. The PCE comes alongside a treading of the University of Michigan's user assurance survey, arsenic good arsenic updates to Purchasing Managers' Indexes for the manufacturing and services sectors.

On the net front, quarterly results from Lululemon (LULU), Gamestop (GME), and Dollar Tree (DLTR) are the highlights successful a quiescent week of releases.

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Good morning. Here's what's happening today.
23andMe files for bankruptcy, banal tumbles

23andMe shares plug implicit 40% earlier the doorbell aft the troubled DNA investigating institution filed for Chapter 11 bankruptcy.

The determination is aimed astatine making it easier for 23andMe to find a purchaser for the $50 cardinal familial trial provider, though its committee has rebuffed a buyout from co-founder Anne Wojcicki. The institution besides said connected Sunday that Wojcicki has stepped down arsenic CEO pursuing a bid of failed takeover bids.

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