STOCK MARKET WATCH: Monday, 7 April 2025

[Tansy_Gold]

STOCK MARKET WATCH: Monday, 7 April 2025

Previous SMW:
SMW for 4 April 2025



AT THE CLOSING BELL ON 4 April 2025


Dow Jones 38,314.86 -2,231.07 (5.50%)
S&P 500 5,074.08 -322.44 (5.97%)
Nasdaq 15,587.79 -962.82 (5.82%)

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Market Conditions During Trading Hours:

Google Finance
MarketWatch
Bloomberg
Stocktwits

(click on links for latest updates)

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Currencies:






(Awaiting new links)


Gold & Silver:

(Awaiting new links)


Petroleum:

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DU Economics Group Contributor Megathreads:

Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread

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Quote for the Day:

President Donald Trump has reached the “peak of not giving a fuck,” one White House official told The Washington Post for a lengthy report on what went on behind the scenes leading up to the president’s massive tariff announcement this week.

-- Zachary Lehman, for Mediaite

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

[dweller]

1. Another great quote

Today, Bill Ackman resorted to defending the tariffs by posting:

“Sometimes the best strategy in a negotiation is convincing the other side you are crazy.”



✌🏻

[progree]

2. The Dow closed Friday at 38,315. The DJIA graph in the OP usually doesn't update until about 6 hours after the close

When it does, the big red candle will extend all the way down to 38,315, which is about the same level as the lowest point on the whole graph, roughly meaning a whole year's gain has been wiped out.

I noticed the S&P 500 closed Friday 12.3% below it's election day level. So on average, for every $8 stockholders had when they went to the polls on Nov. 5, they now have $7.