Asia Markets Up, Europe Slides And Gold Gains Amid Tariff Uncertainty - Global Markets Today While US Slept
Benzinga (Wed, 02-Apr 6:16 AM)
On Tuesday, April 1st, U.S. markets closed mixed. The S&P 500 and Nasdaq ended higher after a volatile session fueled by investor anxiety over impending U.S. tariff announcements from the Trump administration.
Tech stocks like Tesla and Meta led the gains, while healthcare and airline stocks weighed on the indexes. Despite the uptick, markets remained cautious amid ongoing economic uncertainty. Newsmax and CoreWeave surged among newly listed IPOs. Overall trading volume was slightly below the 20-day average.
In economic data, U.S. manufacturing activity slowed in March, with the ISM PMI falling to 49—below expectations. Construction spending rose 0.7% in February, rebounding from a January decline. Meanwhile, job openings declined by 194,000 to 7.57 million.
Most S&P 500 sectors ended the day higher, led by technology and consumer ...