FX.co ★ US Stocks Mixed

On Wednesday, the S&P 500 hovered near its opening level, while the Nasdaq experienced a slight decline of 0.2% and the Dow Jones Industrial Average saw an increase of approximately 210 points. Investors are awaiting more definitive insights on trade policies amidst rising economic concerns. President Trump reiterated his stance against numerous exceptions to the reciprocal tariffs set for implementation on April 2nd. In economic data, durable goods orders presented a mixed picture: total orders unexpectedly increased, yet orders for non-defense capital goods excluding aircraft—an important indicator of business investment—decreased by 0.3%, contrary to predictions of a 0.2% rise. The energy sector led performance, notably with Chevron climbing 1.3%, whereas the technology and communication services sectors saw notable declines. Major tech companies mostly saw decreases in their stock values, including Microsoft (-0.2%), Nvidia (-2.2%), Amazon (-0.2%), Meta (-0.3%), and Alphabet (-0.8%). Additionally, Tesla shares fell by 1.9%, while Apple shares showed a modest gain of 0.1%.