Wall Street Wavers Amid Tariffs and Geopolitical Tensions

Wall Street saw slight gains as President Trump hinted at tariff flexibility, despite economic uncertainties and geopolitical tensions. Major indexes reversed losses, yet growth was slowed. The dollar rallied, while gold paused its record surge. Global tensions and uncertain trade policies pressured markets.


Devdiscourse News Desk | Updated: 22-03-2025 02:19 IST | Created: 22-03-2025 02:19 IST
Wall Street Wavers Amid Tariffs and Geopolitical Tensions
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Wall Street edged higher Friday as President Donald Trump implied potential flexibility on impending tariffs, assuaging some investor fears. Despite this, economic uncertainties and geopolitical tensions lingered, curbing gains.

Major U.S. stock indexes reversed earlier losses post-announcement but remained constrained by sector weaknesses. Safe-haven assets gained appeal as global tensions rose.

Markets also scrutinized central bank meetings. The dollar rallied, while gold's record climb stalled. Global stocks showed varied performances, reflecting broader uncertainty fueled by looming tariffs and geopolitical pressures.

(With inputs from agencies.)

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