Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Dow, S&P 500 erase slide to rise for 5th straight day in lead up to Big Tech earnings
    NASDAQ News

    Dow, S&P 500 erase slide to rise for 5th straight day in lead up to Big Tech earnings

    userBy userApril 30, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Trump’s tariffs continue to crush sentiment across the business and consumer worlds.

    New data out Monday morning from the Dallas Fed showed overall activity in its manufacturing survey fell to its lowest level since May 2020, as orders, utilization, shipments, and the outlook for business all plummeted.

    The Dallas Fed’s survey also comes along with robust commentary from business leaders gathered by the bank’s staff, which shows how the uncertainty related to tariff policy is manifesting across industries.

    “There is really no way to predict anything accurately six months out or even six weeks out now for our industry due to the tariff and trade uncertainty,” said an executive in the computer and electric manufacturing industry.

    “Carve-outs for large electronics businesses (cellphones and laptops) leaves small business burdened to deal with tariffs on our own, which are likely to cause delays, cancellations and early product obsolescence on existing products and orders. We have already had to turn around and refuse shipments because customers cannot afford the tariffs, delaying our ability to build, which will eventually lead to job losses.”

    In the food manufacturing industry, one executive said, “Tariffs and tariff uncertainty are wreaking havoc on our supply lines and capital spending plans.”

    But it’s not only tariffs weighing on business outlooks. Another leader in food manufacturing added that, “DOGE without a follow-up plan does nothing for the domestic tranquility needed (stable arena for business to function within).”

    And a comment from a leader in the machinery manufacturing industry said it best, encapsulating most of the concerns weighing on businesses and consumers right now.

    “Nothing is easy,” this exec said.

    “Forecasting is extremely challenging in this time of uncertainty. Committing to growth initiatives is anxiety-riddled. Helping our employees keep beans on their table and a roof over their heads is harder. We believe the direction the current administration is leading our country is on target, but the pain to get there may be longer and more intense than originally anticipated.”



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleMethode Electronics, Inc.’s (NYSE:MEI) Intrinsic Value Is Potentially 63% Above Its Share Price
    Next Article Carbon trader, bank to provide $50m for new REDD+ standard
    user
    • Website

    Related Posts

    Dow, S&P 500, Nasdaq seesaw as bond sell-off eases after House OKs Trump tax bill

    May 22, 2025

    Barings expands Global Private Finance Group with managing director hire

    May 22, 2025

    Strongest Q1 Results from the Professional Staffing & HR Solutions Group

    May 22, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d