S&P, Nasdaq Post Worst Quarter Since 2022

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 31 March 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Mar. 31. U.S. markets bounced back from sharp losses early in the day. Markets reporter Hannah Erin Lang walks us through what’s driving the volatility. Plus, screws are essential to manufacturing; now, steel and aluminium tariffs have made them a lot more expensive. WSJ metals and manufacturing reporter Bob Tita explains what companies are doing about it. And President Trump leaves open the possibility of running for a third term, a move that the Constitution prohibits. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello Blue Skies. Hello moving onwards and upwards. Hello, taking control of your money. Say hello to tax-free investing. Open a Stocks and Shares ICER and act by the 5th of April to get 100 to 3,000 pounds cashback. Cargreaves lands down. Hello Life. Register and add or transfer 10,000 pounds plus.
0:24.0	You may get back less than you invest and tax benefits vary. For terms and conditions, see hl.com.
0:28.3	UK forward slash ISA.
0:33.0	A turbulent quarter for U.S. markets ends with a turbulent day as stocks recover after sliding on tariff concerns.
0:40.7	Plus, screws are a staple of manufacturing, and tariffs just made them a whole lot more expensive.
0:47.0	Pretty much all manufacturers have some exposure to this, certainly machinery, farm equipment, construction equipment, automotive, heavy-duty
0:58.0	equipment, as well as the construction industry.
1:01.2	And President Trump says he's considering running for a third term.
1:05.4	It's Monday, March 31st.
1:07.5	I'm Alex Osala for the Wall Street Journal.
1:09.7	This is the PM edition of What's News, the top
1:12.4	headlines and business stories that move the world today. U.S. stocks were mixed today ahead of an
1:20.8	eventful week for markets. President Trump is set to announce his next round of tariffs on Wednesday,
1:26.3	and the latest jobs report is expected for Friday.
1:31.1	Major U.S. indexes bounced back after starting the day sharply lower.
1:35.5	The S&P 500 ended the day about 0.6% higher, and the NASDAQ fell about 0.1%.
1:40.9	Both indexes recorded their biggest quarterly losses since 2022. The Dow was up
1:46.5	1%. Hannah Aaron Lang covers markets for the Wall Street Journal. Hannah, U.S. markets open
1:54.6	significantly lower today, but then they rallied this afternoon. What caused them to dip and then
1:59.7	what brought them back up?
2:01.5	Today was a trading day that felt very similar to other days we've seen in the market so far in
2:07.1	2025, where whenever President Trump speaks about tariffs or there's some kind of significant
	...

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