Wall Street Closes Mostly Up After Volatile Day

» Published: April 01 2025

Wall Street Closes Mostly Up After Volatile Day
Photo: Jeff Chiu/AP-TT

The pillars pointed mostly upwards when another shaky trading day on the New York stock exchanges was concluded. The anxiety among investors was palpable on Tuesday ahead of President Donald Trump's tariff announcement the following day.

The broad S&P 500 index rose 0.4 percent and Nasdaq's technology-heavy composite index lifted 0.9 percent, while the Dow Jones industrial index closed unchanged.

Electric car manufacturer Tesla, which plummeted on Monday, now rose 3.6 percent. The company is expected to release statistics on sales during the first three months of the year on Wednesday.

Among the losers was Johnson & Johnson, a leading pharmaceutical company and manufacturer of healthcare products. The stock fell 7.6 percent after the company's settlement proposal in a lawsuit regarding baby powder was rejected by a bankruptcy judge. It was the third time Johnson & Johnson was rebuffed in court in the dispute over baby powder and other products containing talc.

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By TTThis article has been altered and translated by Sweden Herald

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