Asia Market Mixed, Europe Gains On Tariff Optimism; Gold Edges Higher - Global Markets Today While US Slept

On Monday, March 24th, U.S. markets closed higher. The S&P 500 rallied to a multi-week high, driven by gains in tech stocks like Nvidia and Tesla amid hopes for a softer stance on tariffs from the Trump administration. While investors welcomed the rebound, concerns remain over the broader impact of tariffs on growth and profits as companies continue to lower their earnings forecasts.

According to economic data, the Chicago Fed index rose to 0.18 in February from -0.08 in January. The Services PMI increased to 54.3 in March from 51 in February, while the Manufacturing PMI fell to 49.8 from 52.7.

Most S&P 500 sectors rose Monday, led by consumer discretionary on Tesla’s gains and advances in communication services and industrials. Utilities were the only sector to edge lower.

The Dow Jones Industrial Average gained ...