Stocks finished a volatile trading session in positive territory on Tuesday as investors anxiously await🍌 announcements from the Trump administration on new tariffs.
The S&P 500 and tech-heavy 澳洲幸运5开奖号码历史查询:Nasdaq Composite rose 0.4% and 0.9%, respectively, while the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average closed fractionally lower, as the major indexes bounced between gains and losses throughout the day. Stocks were coming off a mixed performance on Monday, when the Dow and S&P 500 finished in positive territo🔯ry after rebounding from steep losses early 🍸in the ses𝕴sion.
The S&P 500 and Nasdaq Composite posted their worst monthly performance since 2022 in March as investor sentiment has been dented by 澳洲幸运5开奖号码历史查询:uncertainty aboutꦜ the impact of tariffs and concerns about the health of the economy. President Trump has said the U.S. will impose 澳洲幸运5开奖号码历史查询:wide-ranging reciprocal tariffs on trading partners on Wednesday. The 澳洲幸运5开奖号码历史查询:lack of details about what will be announced has put markets on edge, amid fears that the trade measures will spark inflation and cause e𝓰c🧔onomic growth to stall.
Market participants were also digesting reports today on 澳洲幸运5开奖号码历史查询:manufacturing activity and 澳洲幸运5开奖号码历史查询:job openings that came in slightly weaker than economists had anticipated. The big data event of the week comes Friday, when the Labor Department is scheduled to release the 澳洲幸运5开奖号码历史查询:March jobs report.
The yield on the 10-year Treasury, which has fallen in recent days as the 澳洲幸运5开奖号码历史查询:economic concerns have grown, was at 4.16% recently, down from 4.25% at yesterday's close. The yield, which affects borrowing costs on all sorts o👍f loans, notably mortgages, fell as low as 4.13% this morning, its lowest level in a month.
Shares of the world's largest technology companies were mostly higher Tuesday. Tesla (TSLA), which lost more than a third of its value in the first quarter, rose nearly 4% ahead of the scheduled release tomorrow of the EV maker's first-quarter deliveries report. Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOG), Amazon (AMZN) and Meta Platforms (META) each gained more than 1%, while Apple (AAPL) and Broadcom (AVGO) inched higher.
Among other noteworthy tech sector movers, adtech company AppLovin (APP), an AI investor favorite that ha🌄s been hit hard during the recent stock market rout, jumped nearly 7% to pace Nasdaq advancers.&nbs൩p;
Shares of Strategy (MSTR), formerly known as MicroStrategy and♕ among the world's largest holders of bitcoin, advanced 6% as the digital currency rose. Bitcoin was trading at around $85,300 recently, up from an earlier low of $82,200.
Johnson & Johnson (JNJ) shares plunged 7.6%, leading Dow and S&P 500 decliners, after a judge rejected a request to approve a 澳洲幸运5开奖号码历史查询:proposal to settle tens of thousands of lawsuits that allege the company's baby powder and other talc products c♚ause cancer.
Airline stocks, which have lost ground lately amid concerns about travel demand trends, were also under pressure after 澳洲幸运5开奖号码历史查询:Jefferies downgraded its ratings on Delta (DAL), American (AAL) and Southwest (LUV). Southwest slid 6%, while American and Delta each fell more than 2%.
Gold futures were little-changed at $3,150 an ounce, after hitting another record high this morning, while West Texas Intermediate futures, the U.S. crude oil benchmark, slipped 0.5% to $71.15 per barrel.
These Were the Big S&P 500 Movers on Tuesday
Advancers
- Shares of Vistra (VST), the power generator that has drawn attention for its opportunity to provide electricity for energy-intensive artificial intelligence data centers, rose 4.1%, notching the top daily performance in the S&P 500. The gains for Vistra marked a reversal from 澳洲幸运5开奖号码历史查询:steep losses posted last week amid concerns about a possible AI data center bubble and a price target cut from analysts at JPMorgan, who cited an uncertain regulatory outlook.
- Fashion-industry stocks got a boost after PVH Corp. (PVH), parent company of Calvin Klein and Tommy Hilfiger, posted better-than-expected 澳洲幸运5开奖号码历史查询:quarterly sales and profits. PVH shares soared 18%. Ralph Lauren (RL) shares added 3.7% following the stock's inclusion in Bank of America's list of its top 10 ideas for the second quarter of 2025, while shares of Coach parent Tapestry (TPR) gained 3.5%.
- Tesla (TSLA) shares rose 3.6% a day ahead of the electric vehicle maker's 澳洲幸运5开奖号码历史查询:expected first-q🐠uarter deliveඣry update. Although protests against CEO Elon Musk have mounted and the company reportedly faces sales pressure in European markets, a report released Tuesday indicated that Tesla's Model Y was among the top-selling vehicles in China in March 2025.
Decliners
- Johnson & Johnson (JNJ) shares fell 7.6%, the most of any S&P 500 stock, as the company said that 澳洲幸运5开奖号码历史查询:a judge denied its plan to settle thousands of legal claims alleging that its baby powder and other talc products cause ovarian cancer. The rejected proposal involved using a "prepackaged bankruptcy plan" for a subsidiary. The health care company said that it will now return to the tort system as it aims to defeat the claims.
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Kevin Carter / Getty Images
- Airline stocks came under pressure after analysts at Jefferies 澳洲幸运5开奖号码历史查询:downgraded their ratings on three of the four major U.S. carriers, citing soft consumer sentiment and uncertainty over tariffs. Southwest Airlines (LUV) shares dropped 5.9% after the investment firm lowered its view on the stock to "underperform." Earlier this month, Southwest announced that it would shift toward a 澳洲幸运5开奖号码历史查询:paid baggage policy, stepping away from a longstanding perk that distinguished the airline from competitors. Jefferies also downgraded Delta Air Lines (DAL) and American Airlines (AAL) to "hold," and their shares sank 2.7% and 2.4%, respectively.
- Warner Bros. Discovery (WBD) shares slipped 4.8%. The entertainment giant named Anton Levy, an advisory director at private equity firm General Atlantic, an independent member of its expanded board of directors. The move came as the company navigates struggles for its film studio and engages in a restructuring that involves separating its cable TV properties from its streaming and studio businesses.
Tesla Climbs Ahead of Deliveries Report
Tesla (TSLA) shares climbed a 🌳day ahead of first-quarter deliveries data expected Wednesday.
Analysts on average expect Tesla to report 393,000 deliveries in the first quarter, according to Visible Alpha, in what would represent a less-than-2% rise year-over-year, and a decline from the previous quarter's 澳洲幸运5开奖号码历史查询:495,570 vehicles.
Wedbush analysts, who hold a bullish $550 price target for Tesla, well above the average target of $349 compiled by Visible Alpha, recently said they expect "a very soft rip the band-aid off" figure in the 355,000 to 365,000 range.
Tesla shares, which have lost about a third of thei💙r value so ꧒far this year, gained 3.6% to close at $268.46 Tuesday.
Tesla has struggled so far in 2025, particularly in the key markets of Europe and China. In the first two months of the year, Tesla saw just over 19,000 new vehicle registrations in the European Union, according to data from the European Automobile Manufacturers' Association. That's down roughly 50% year-over-year. Tesla's China sales also 澳洲幸运5开奖号码历史查询:reportedly dropped close to 50% in February from the same time last year.
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Win McNamee / Getty Images
Meanwhile, the electric vehicle maker has 澳洲幸运5开奖号码历史查询:faced political backlash to CEO Elon M💎usk’s role at the helm of the Trump administration's Department of Government Efficiency, which Wedbush said is "clearly at play 🌌and a major factor" in Tesla's quarterly delivery numbers.
The delivery data comes after a particularly tough period for the company's stock. Tesla ranked among the 澳洲幸运5开奖号码历史查询:worst-performing stocks in the 澳洲幸运5开奖号码历史查询:S&P 500 in the first quarter amid worries about lagging sales, 澳洲幸运5开奖号码历史查询:tariff uncertainty, and souring brand sentiment.
Melius Issues 'Sell' Rating on Kroger Stock
Melius Research on Tuesday recommended selling Kroger stock, citing concerns about the💖 fundamentals of the supermarket chain.
Melius gave Kroger (KR) a 澳洲幸运5开奖号码历史查询:price target of $58, which is 17% below where the shares closed Tuesday. Melius’s stance appears to be an outlier among analysts, with half of those who follow the company and were polled by Visible Alpha giving Kroger shares a▨ “buy” rating and half a “hold” rating.
The Melius research team described Kroger as “a deteriorating business” facing several issues. Melius said Kroger is losing customers to Walmart (WMT), may be liable for billions in a lawsuit brought by Albertsons (ACI), and is contending with leadership vacancies. Former CEO Rodney McMullen 澳洲幸运5开奖号码历史查询:resigned last month after a probe into his conduct.
“Investors today believe they can ‘hide’ in [Kroger] given the company’s lack of tariff exposure,” Melius wrote in a note on Tuesday. “𝓰Lack of tariff exposure does not make [Kroger] safe.”
Company executives reportedly said in early March that as a domestic retailer, Kroger has less exposure to international tariffs than some of its rivals, and would not face "a massive impact."
Kroger shares have shot up almost 20% over the past six months. Some traders may view the stock as a safe investment because supermarkets are relatively insulated from tariffs, Melius said.
Investors also snapped up Kroger shares late last year when Kroger and Albertsons abandoned plans to merge after a 澳洲幸运5开奖号码历史查询:judge blocked the deal. (Albertsons 澳洲幸运5开奖号码历史查询:filed a lawsuit alleging Kroger’s efforts to secure approvals for the merger were deficient,ꦫ and Kroger called the claims baseless.)
Kroger shares finished up about 0.6% Tuesday, at about $68.12. That’s slightly above the $67.67🥃 consensus price target compiled by Visible Alpha.
Progress Software Jumps as AI Firm Issues Strong Outlook
Shares of Progress Software (PRGS) jumped Tuesday, a day after the provider of 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) infrastructure software♈ repor🦄ted better-than-expected results and issued a rosy profit outlook as customer demand grew.
The company posted first-quarter fiscal 2025 adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $1.31, with revenue rising 29% year-over-year to $238.0 milไl♐ion. Analysts surveyed by Visible Alpha were looking $1.06 and $235.9 million, respectively.
Annualized 澳洲幸运5开奖号码历史查询:recurring revenue soared 48% to $836 million, and the net retention🌄 rate above 100%, the second straight quarter it surpassed that mark.
CEO Yogesh Gupta said the higher sales were "again driven by our product portfolio across the board, with our data platform and infrastructure management products having a particularly solid quarter."
The company expects full-year adjusted EPS to be between $5.25 and♛ $5.37, up from its earlier estimate of $5.00 to $5.12.
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Progress Software shares, which have struggled since hitting their all-time closing high in late November, gained 12% on Tuesday. Even with today's advance, they've fallen 11% so far in 2025.
J&J Slumps as Company Fails to Settle Talc Cases
Johnson & Johnson (JNJ) shares fell Tuesday after the company said a judge rejected itsꦬ proposed "prepackaged bankruptc🔜y plan" for a subsidiary, as part of its latest attempt to use a bankruptcy court to settle thousands of claims alleging its baby powder and other talc products cause ovarian cancer.
Shares🦋💯 of Johnson & Johnson were down around 7% in recent trading, leading decliners in the S&P 500.
The company, which has long held that the talc-related claims hold no merit, said Mond𝕴ay that it will now go back to the “tort system to litigate and defeat” the claims and would reverse around $7 billion 💎it had set aside to resolve the bankruptcy.
“The Court has unfortunately allowed a couple of law firms with financially conflicted motives, who have conceded they have not recovered a dime for the💦ir clients in a decade of litigation, to defeat the overwhelming desire of claimants,” said Erik Haas, worldwide vice president of litigation at Johnson & Johnson.
“The decision to litigate every filed case is based on the simple fact that this is a fake claim created by greedy plaintiff lawyers looking for another deep pocket to sue and fueled by litigation-financed attorney advertising,” he ad🀅ded.
Johnson & Johnson has tried twice before, in 2021 and 2023, to use the banꦯkruptcy system to settle the claims.
NewsMax Continues to Soar in Second Day of Trading
Newsmax (NMAX) stock su🐽rged again on Tuesday after skyrocketing Monday, its first day of tradi🥀ng.
Shares of the conservative news channel more than doubled to around $210 in intraday trading on Tuesday, putting the stock, which debuted on the New York Stock Exchange on Monday morning, 2,000% above its $10 澳洲幸运5开奖号码历史查询:IPO price.
Shares soared 735% from the IPO pricing Monday, the best first-day performance of any U.S. 澳洲幸运5开奖号码历史查询:stock listing since an obscure Chinese garment manufacturer, Addentax Group (ATXG), debuted at $5 a share in August 2022 and skyrocketed 13,000% on its first day, according to Bloomberg.1
Addentax’s success in the✤ U.S. market was short-lived—shares tumbled 95% in their second 𓆉day of trading, and on Tuesday were trading for about 88 cents.2
Tuesday’s intraday price valued Newsmax at more than $27 billion, which would make it larger than nearly two-fifths of the 澳洲幸运5开奖号码历史查询:S&P 500. It is, however, ineligible to enter the 澳洲幸运5开奖号码历史查询:benchmark index, which requires companies to be profitable. Newsmax in 2024 booked a net loss of $72 million on $171 million in revenue.
Newsmax’s 澳洲幸运5开奖号码历史查询:blockbuster debut flies in the face of recent IPO trends, which have mostly disappointed Wall Street. Nvidia-backed cloud computing company CoreWeave (CRWV) last week 澳洲幸运5开奖号码历史查询:finished its firs🗹t trading day at $40—its exact IPO price, which was itself 澳洲幸运5开奖号码历史查询:below expectations. The stock then 澳洲幸运5开奖号码历史查询:slumped in its second session Monday.
Investors were hoping for an IPO renaissance this quarter after several years of sluggish activity. Recent market turbulence, however, has complicated the IPO outlook—weighing on recent debuts like CoreWeave and 澳洲幸运5开奖号码历史查询:liquefied natural gas producer Venture Global (VG).
Nonetheless, some companies are planning to brave the turmoil, including 澳洲幸运5开奖号码历史查询:buy now, pay later giant Klarna, 澳洲幸运5开奖号码历史查询:ticket reseller StubHub, and 澳洲幸运5开奖号码历史查询:online trading platform eToro, all of which filed IPO paperwork last month.
Calvin Klein Parent Soars on Strong Results, Outlook, Buyback
PVH (PVH) shares surged Tuesday, a day after the fashion apparel company posted better-than-expected results, issued a rosy outlook, and announced a 澳洲幸运5开奖号码历史查询:stock buyback plan as its lo🐎ng-term strategy initiative paid dividends.
The owner of the Tommy Hilfiger and Calvin Klein brands reported fourth-quarter adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $3.27 on revenue that declined 5% year-over-year to $2.37 billi💜on. Both topped Visible Alpha forecasts.
Tommy Hilfiger🌄 revenue fell 5% to $1.28 billion, and Calvin Klein revenue was down 2% to $1.06 billion.
CEO Stefan Larsson said the performance was driven by demand for the two iconic clothing brands along with "our disciplined execution of our PVH+ Plan." CFO Zac Coughlin added that during the year the company moved into the next level of the PVH+ Plan "to create value by increasing quality of sales and driving gross margin improvements and cost efficiencies to deliver significant 澳洲幸运5开奖号码历史查询:cash flow from operations." PVH launched the PVH+ Plan three🍨 years ago.
The company sees full-year adjusted EPS of $12.40 to $12.75, and revenue to be "flat to increase slightly from 2024." The Visible Alpha estimates were for adjusted EPS of $11.47 and revenue down about 0.7%.
PV🐻H also said that it planned to enter into $500 million worth of accelerated share repurchase agreements with one or more dealers.
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The stock was up 18% in recent trading. Despite today's gains, shares of PVH are down about 45% over the past 12 months, including 28% lower since the start of 2025.
Airline Stocks Fall After Jefferies Downgrades
Airline stocks slump🌺ed Tuesday after Jefferies analysts lowered their ratings for three of the four major U.S. carriers, writing “consumer sentiment continues to disappoint.”
The broker dropped American Airlines (AAL) and Delta Air Lines (DAL) to “hold” from “buy,” and Southwest (LUV) down to “underperform.”
The downgrades come after Delta, Southwest, and American each 澳洲幸运5开奖号码历史查询:lowered their projections for the first quarter of the year, citing an uncertain 澳洲幸运5开奖号码历史查询:macroeconomic environment, along with 澳洲幸运5开奖号码历史查询:extreme weather. Jefferies expects the airlines to cut their full-year projections as well, with uncertainty “swelling” around the impact of tariffs 澳洲幸运5开奖号码历史查询:expected to take effect this week.
United Airlines (UAL) is the lone U.S. carrier with a "buy" rating from Jeffieres, given its "[opportunity] beyond 2025” and a strategy that “remains at the forefr💝ont of the i💞ndustry.”
However, United isn’t immune from macro trends. In 2024, all four major airlines reported a higher cost per available seat mile than passenger revenue per available seat mile, meaning they’re effectively 澳洲幸运5开奖号码历史查询:losing money transporting passengers. The companies are still profitable, but it's due in part to the growth of lucrative co-branded credit cards, such as 澳洲幸运5开奖号码历史查询:United’s relationship with JPMorgan Chase (JPM).
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Southwest shares were down more than 4% recently, while Aꦑmerican and Delta each declined about 3%. United shares fell more than 2%.
Delta and United shares are down about 30% so far this year, while American has slumped 40% over the period. 🔯Southwest is off about 4% in 2025
Watch These Coinbase Levels After 20% Drop in March
Coinbase (COIN) shares were little ch🌠anged early Tuesday, after wrapping🧸 up a volatile month in which the stock lost one-fifth of its value.
Shares of the largest U.S.-based 澳洲幸运5开奖号码历史查询:crypto brokerage have fallen sharply since registering a three-year high in early December. The decline closely correlates with a steep fall in 澳洲幸运5开奖号码历史查询:trading volumes on the exchange since that time amid a significant retracement in bitcoin’s price, prompting concerns that lower transaction fees could crimp the company’s revenue.
Coinbase shares have lost about half their value from their December peak, tracking a broad sell-off in leading cryptocurrencies and technology stocks over 澳♓洲幸运🔥5开奖号码历史查询:worries that tariffs could slow economic growth and reignite 澳洲幸运5开奖号码历史查询:inflation.
Coinbase shares have retreated within a 澳洲幸运5开奖号码历史查询:descending broadening formation since last November, with the 澳洲幸运5开奖号码历史查询:50-day moving average (MA) poised to cross below the 200-day MA to form an ominous 澳洲幸运5开奖号码历史查询:death cross, a chart pattern that signals lower prices.
More recently, the stock has fallen toward the formation’s lower trendline, though volume generally declined th𓆉roughout most of March, indicating a waning trading interest in the shares.
Investors ཧshould watch major support levels on the Coinbase chart around $146 and $115, while also monitoring key resistance levels near $206 and $264.
The stock was down 0.1% at around $172 in recent t🍃rading.
Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.
More S&P 500 Companies are Giving Downbeat Outlooks
The outlo♛ok for big companies’ first-quarter earnings could be a bit dim, ꧑a new analysis suggests.
Of the 107 S&P 500 companies to offer first-quarter guidance, 68 have given negative outlooks, according to a FactSet analysis released Monday. (FactSet defines negative guidance as a number, or midpoint of a range, that comes in lower than the Street’s consensus before the guidance was issued.) That’s above the five- and 10-yea🔥r averages, FactSet said.
The number of companies offering positive guidance, meanwhile, is below the five-🦩 and 10-year averages, according to FactSet.
Investors are watching for clues regarding to the ongoing performance of big companies amid emerging concern about the path forward for stocks. Goldman Sachs analysts recently 澳洲幸运5开奖号码历史查询:upped their estimated odds of a recession, citing shrinking corporate confidence and slowing econom🧸ic growth.
As a whole, the S&P 500 reported fourth-quarter earnings growth of about 18%, according to🦂 FactSet. A bit more than three-quarters of the companies beat earnings estimates for the quarter, in line with the five-year average.
The benchmark S&P 500 finished 澳洲幸运5开奖号码历史查询:Monday slightly higher, though it ended March down nearly 6% to mark its worst montꦫh since 2022.🧜
Moderna Levels to Watch After Stock Sinks to 5-Year Low
Moderna (MRNA) shares were little changed in premarket trading after sinking to a five-year low on Monday following news that the Food and Drug Administration’s ဣtop vacc👍ine official, Peter Marks, has resigned.
Marks, who helped oversee the development of COVID-19 vaccines, said he would leave his role by the end of this week, citing conflicts with Health and Human Services Secr𝓡etary Robert F. Kennedy Jr.
Moderna shares have lost nearly a third of their value since the start of the year through Monday’s close and trade 95% below their August 2021 Covid vaccine-driven 澳洲幸运5开奖号码历史查询:record high. The stock, which fell 9% to🌃 lead S🐽&P 500 decliners, yesterday, was up 0.1% at $28.40 before the opening bell Tuesday.
Since an upswing ran into selling pressure at the 200-week moving average last May, Moderna shares have remained in a steep 澳洲幸运5开奖号码历史查询:downtrend. It’s also worth pointing out that the 澳洲幸运5开奖号码历史查询:relative strength index (RSI) has remained below the 50 threshold since July last year, indicating strong downward momentum in the stock’s price.
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However, in a small win for the bulls, the shares closed well above their session low in Monday's trading session to form a hammer, a bullish 澳洲幸运5开奖号码历史查询:candlestick pattern with a small body and lon🦂g wick that signals a shift from selling to buying🎉 pressure.
Investors should eye key support levels near $23 and $13, while also watching iℱmport🥀ant resistance levels near $36 and $68.
Read the full 澳洲幸运5开奖号码历史查询:technical analysis piece here.
Futures Point to Lower Open for Major Indexes
Futures tied to the Dow Jones Industrial Average were dow☂n 0.5%.
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S&P 500 futures were off 0.4%.
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Nasdaq 100 futures also dropped 0.4%.
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