6:51 PM ยท 21 March 2025

Big Tech fuels Wall Street recovery at the end of the week ๐Ÿ“ˆ

Big Tech stocks are bouncing back in the middle of Friday's session, pulling U.S. indices out of deep losses. A key catalyst for the recovery was President Trump's suggestion that the tariffs scheduled for April 2nd may be somewhat flexible.

Tesla (TSLA.US: +4.6%) is gaining the most at the moment, with shares of Apple (AAPL.US: +0.3%), Meta (META.US: +1.3%), Amazon (AMZN.US: +0.3%), and Alphabet (GOOGL.US: +0.1%) also in the green. On the other hand, Microsoft (MSFT.US: -0.5%) and nearly the entire semiconductor sector (including NVDA.US: -1.1%) are losing.

The US100 contract has reversed nearly 1.3% from today's low. The index is likely to close the week in the green for the first time in a month. Source: xStation5

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