U.S. stocks continue to rise as investors evaluate economic data and the impact of Trump's policies
2025-03-17 21:46:10
U.S. stocks rallied for a second straight session on Monday as investors sought low-end buying after four straight weeks of declines in the Nasdaq and S & P 500 and weighed in on the latest economic data to gauge the impact of the Trump administration's policies. Among the 11 major S & P sectors, real estate and energy led gains, while consumer discretionary goods were the only ones to fall. Tesla Inc (TSLA. O) fell 4.79 percent after Mizuho cut its price target to $430 from $515, down 41 percent this year. Quantum computing stocks rallied as artificial intelligence chipmaker NVDA. O held its annual general meeting. Intel (INTC. O) rallied 6.82 percent after Reuters reported that new CEO Chen Liwu was considering major changes to its chip-making methods and artificial intelligence strategy.
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