By Samiat Mar, 25, 2025 Featured

📈 Market Recap: S&P 500 Jumps as Tesla, AMD Lead Gains 🚀

U.S. stocks rallied on Monday, March 24, as investors reacted to reports that upcoming reciprocal tariffs may exclude key sectors. The S&P 500 surged 1.8%, fueled by Tesla's standout performance and strength in semiconductor stocks.

🔥 Top Gainers:

✅ Tesla (TSLA) +11.9% – Best performer in the S&P 500! Tesla extended its rally after announcing plans to launch its driver-assistance technology in China, pending regulatory approval. CEO Elon Musk's bullish outlook on self-driving and humanoid robots also fueled investor optimism.

✅ United Airlines (UAL) +7.2% – The airline increased fees on rewards credit cards and lounge memberships but sweetened the deal with sign-up bonuses and perks, lifting shares.

✅ Advanced Micro Devices (AMD) +7.0% – AMD gained as China’s Ant Group explored its AI chips as an alternative to Nvidia’s. This, combined with reports that semiconductors may avoid upcoming tariffs, boosted sentiment in the sector.

✅ Crypto Stocks – With Bitcoin rallying 4%, crypto-exposed stocks soared:

• MicroStrategy (MSTR) +10%

• Coinbase (COIN) +7%

✅ Dun & Bradstreet (DNB) +3% – The data analytics firm surged after Clearlake Capital announced a $7.7 billion buyout deal.

📉 Top Losers:

❌ Hormel Foods (HRL) -2.4% – The parent company of Spam saw its stock dip after announcing a CEO transition plan.

❌ MarketAxess (MKTX) -2.4% – The digital bond trading platform reversed some of its recent gains, despite strong February trading volume.

❌ Brown-Forman (BF.B) -2.3% – The whiskey maker’s stock declined amid U.S.-EU trade tensions, though reports suggest potential relief on EU tariffs.

❌ Lockheed Martin (LMT) -1% – Shares slipped after BofA Global Research downgraded the defense giant to “neutral” from “buy.”

📊 Market Highlights:

📌 S&P 500: +1.76% (5,767.57 points)
📌 Nasdaq: +2.27% (18,188.59 points)
📌 Dow Jones: +1.42% (42,583.32 points)
📌 Sector Leaders: Consumer discretionary (+4.07%) led by Tesla, communication services (+2.1%) also outperformed.
📌 Gold: -0.3% ($3,013.30/oz)
📌 Silver: +0.03% ($33.50/oz)

💡 Market Outlook

With upcoming reports on inflation, housing, and consumer sentiment, investors will be watching closely for further market direction. Will Tesla continue its rally? Will tariffs remain a risk for semiconductors? Stay tuned!

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