{"id":130823,"date":"2025-03-22T00:08:39","date_gmt":"2025-03-22T00:08:39","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-wall-street-closes-higher-snapping-a-4-week-losing-streak-the-associated-press\/"},"modified":"2025-03-22T00:08:39","modified_gmt":"2025-03-22T00:08:39","slug":"stock-market-today-wall-street-closes-higher-snapping-a-4-week-losing-streak-the-associated-press","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-wall-street-closes-higher-snapping-a-4-week-losing-streak-the-associated-press\/","title":{"rendered":"Stock market today: Wall Street closes higher, snapping a 4-week losing streak – The Associated Press"},"content":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.
People work on the floor at the New York Stock Exchange in New York, Wednesday, March 19, 2025. (AP Photo\/Seth Wenig)
Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak.
The S&P 500 edged up 0.1%. The index finished with a 0.5% gain for the week. It\u2019s still down 4.8% so far this month.
The Dow Jones Industrial Average eked out a 0.1% gain, while the Nasdaq composite rose 0.5%.
Technology stocks, which had been the heaviest weights on the market in the early going, bounced back to offset a big share of the declines elsewhere in the S&P 500. The sector has been at the center of much of the market\u2019s recent sell-off in a reversal from their market-driving gains throughout the previous year. The stocks are among the most valuable on Wall Street and have outsized impacts on the whether the market gains or loses ground.
Apple rose about 2% and Microsoft added 1.1%. Another Big Tech stock, Nvidia, fell 0.7%, while Micron Technology slid 8% for the biggest decline among S&P 500 stocks.
Stocks have been losing ground for weeks over uncertainty about the direction of the U.S. economy. A trade war between the U.S. and its key trading partners threatens to worsen inflation and hurt both consumers and businesses. Inflation remains stubbornly above the Federal Reserve\u2019s goal of 2% and tariffs<\/a><\/span> could hurt the central bank\u2019s efforts to ease the rate of inflation.
President Donald Trump has set an April 2 deadline<\/a><\/span> to impose more tariffs on trading partners. It follows a series of other deadlines that have been set for tariffs only to be postponed, sometimes at the last minute.<\/p>\n

\u201cInvestors are confused, but there\u2019s a lot less panic infusing the market,\u201d said Mark Hackett, chief market strategist at Nationwide.
Businesses have been warning investors about tariffs, inflation and growing uncertainty about the impact to costs.
Nike slumped 5.5% after it forecast a steep decline in revenue in the current quarter, blaming geopolitical dynamics, new tariffs by the Trump administration and a less confident consumer.
FedEx tumbled 6.4% after the package delivery company said it expects revenue to be flat to slightly down year-over-year and lowered its per-share profit guidance.
Homebuilder Lennar fell 4% after giving investors a weaker-than-expected forecast for new orders and average sales prices for the current quarter. It said high interest rates<\/a><\/span>, inflation, and waning consumer confidence are weighing on an already tough housing market.
High interest rates have been a key issue for the housing market<\/a><\/span>. The Federal Reserve held<\/a><\/span> its benchmark interest rate steady at its most recent meeting this week as it assesses the potential impact from tariffs and other U.S. policy shifts.
The Fed cut interest rates through the end of last year amid consistently easing inflation rates, but has been holding steady so far in 2025. Lower rates can bolster the economy, but they can also push inflation higher.
Fed Chair Jerome Powell has acknowledged that the economy remains solid, but stressed that uncertainty is making forecasting difficult.
\u201cWith Fed Chair Powell acknowledging that the effect of tariffs on consumer confidence, economic growth and inflation remain unknown, we might be in this below-water holding pattern until after April 2,\u201d said Sam Stovall, chief investment strategist at CFRA.
A recent batch of economic reports on home sales<\/a><\/span>, industrial production and unemployment<\/a><\/span> reinforced the view that the economy is holding strong. But other reports on consumer sentiment and retail sales<\/a><\/span> have revealed rising caution from consumers.
\u201cWe\u2019re in really pessimistic territory,\u201d Hackett said. \u201cWhen everybody is pessimistic, that\u2019s when a tiny bit of optimism can move markets pretty strongly.\u201d
In the bond market, Treasury yields mostly held steady. The yield on the 10-year Treasury rose to 4.25% from 4.23% late Thursday.
Airlines were under pressure. A fire knocked out power<\/a><\/span> at London\u2019s Heathrow Airport, forcing it to shut down and disrupting global travel<\/a><\/span> for hundreds of thousands of passengers. Ryanair Holdings fell 1.5%.
Shares in several U.S.-based airlines were mixed. American Airlines rose 1.2%, United Airlines added 1.1% and Delta Air Lines fell 0.4%.
Troubled airplane maker Boeing surged 3.1% after Trump said Boeing will build the Air Force\u2019s future fighter jet<\/a><\/span>. The company has been facing scrutiny over safety issues for years.
Boeing\u2019s rival in the defense sector, Lockheed Martin, slumped 5.8%.
All told, the S&P 500 rose 4.67 points to 5,667.56. The Dow gained 32.03 points to 41,985.35, and the Nasdaq rose 92.43 points to 17,784.05.
Markets in Europe fell. Britain\u2019s FTSE 100 shed 0.6% after the Bank of England held its main interest rate steady<\/a><\/span> a day earlier.
Germany\u2019s DAX slipped 0.5%. German lawmakers voted for a budget<\/a><\/span> that will boost defense and infrastructure spending.
Jiang Junzhe and Matt Ott contributed to this report.<\/p>\n

Copyright 2025 The Associated Press. All Rights Reserved.<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.People work on the floor at the New York Stock Exchange in New York, Wednesday, March 19, 2025. (AP Photo\/Seth Wenig)Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak.The S&P 500 edged up 0.1%. The index finished with […]<\/p>\n","protected":false},"author":1,"featured_media":130824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[9],"tags":[],"class_list":["post-130823","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","entry"],"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/130823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=130823"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/130823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/130824"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=130823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=130823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=130823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}