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Today's Market
March 25, 2025 at 2:15 p.m. EST
It's almost one week until Liberation Day, aka Tariff Day, aka Finally. Sandwiched between options expiration last Friday and the upcoming tariff news, and next to a strong move higher yesterday, we’re trading in a tight range today. The S&P 500 is flat right now after being up about 0.3% earlier. The equal-weight is off slightly while the Russell 2000 is 0.3% lower. Comm Services is the leading sector up 1.4%. Mega cap names along with cable and media names are leading higher. Utilities and Healthcare are lagging. Large cap biotech and pharma are weaker but most of Healthcare is in the red, with a similar dynamic across Utilities. Treasury yields were trading higher by about 4bp on the 10-year before the Open but are now down 3-4bp across the curve. Brent crude has turned lower following US/Russia/Ukraine headlines, now down 0.2%.
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