Global Markets Rebound In Relief Rally, Gold Back To $3,000

On Monday, April 7th, U.S. markets closed mixed; U.S. stocks dropped Monday as fears of economic slowdown and rising inflation grew, sparked by President Trump’s stance on tariffs against China.

The S&P 500 and Dow hit new lows before briefly rallying, only to fall again. Market volatility soared, and investors lost confidence in Trump’s trade strategy, leading to massive losses and uncertainty.

In economic data, the Manheim Used Vehicle Value Index slipped by 0.7% in March compared to the previous month, continuing the same rate of decline seen in February.

Most S&P 500 sectors fell Monday, led by real estate, materials, and utilities, while communication services and tech stocks ended higher.

The Dow Jones Industrial Average declined 0.91% to 37,965.60, the S&P 500 dropped 0.23% to 5,062.25, while the Nasdaq Composite gained 0.10% to close at 15,603.26.

Global markets rebounded Tuesday after heavy losses, ...

https://www.benzinga.com/markets/forex/25/04/44680574/global-markets-rebound-in-relief-rally-gold-back-to-3000