April 14, 2025 | Global Success Review Magazine
Wall Street’s major indexes closed higher on Monday, fueled by optimism following the U.S. government’s announcement to temporarily exempt smartphones and computers from new tariffs. The move sparked early gains in the technology sector, though enthusiasm was later tempered by lingering concerns over future trade measures and economic growth.
Market Highlights:
- Dow Jones rose by 0.27%
- S&P 500 increased by 0.38%
- Nasdaq Composite climbed 0.21%
The tech-heavy Nasdaq surged more than 2% at the open, led by semiconductor and electronics manufacturers. However, gains eased after mid-morning as investors recalibrated expectations in light of comments from U.S. Commerce Secretary Howard Lutnick, who confirmed that exempted products would still face new duties within two months.
Despite the temporary relief, analysts remain cautious. “These pauses are temporary and not long-term concessions,” noted Quint Tatro, Chief Investment Officer at Joule Financial, highlighting ongoing market uncertainty.
Meanwhile, Goldman Sachs shares rose following the release of stronger-than-expected earnings results, while Citigroup downgraded U.S. equities, citing broader economic risks.
As the administration signals further updates on semiconductor tariffs later this week, global markets remain on edge.
🔗 Stay tuned with Global Success Review Magazine for more updates on global trade and financial insights.
