Peakfolio Team
Mar 24, 2025
Between March 17 and March 24, U.S. equity markets staged a modest but meaningful rebound, snapping a four-week losing streak.
Largely driven by signs the administration may narrow the scope of upcoming tariffs and investors stepping in to buy the dip, The S&P 500 rose around 0.5 % during the week. The Dow Jones Industrial Average gained approximately 1.2 %. Meanwhile, the Nasdaq Composite managed a smaller up-move, finishing the week slightly positive.
The catalyst for the rebound appears to have been a combination of relief that the tariff outlook may be less broad than feared and an infusion of bargain-hunting, especially in beaten-down technology stocks. On Monday, tech names posted significant gains as investors digitized hopes of a more targeted trade policy shift. However, the broader tone remains cautious: concerns over sticky inflation, slowing growth and Fed policy have not dissipated. Yield on the 10-year Treasury ticked higher, suggesting markets remain sensitive to potential inflation and growth risks. Looking ahead, the coming days will test whether this bounce evolves into sustained momentum or simply a temporary relief rally.