📊 Daily Market Recap – Mar 24, 2025
📈 Stocks popped on tariff relief optimism: On Monday, March 24, 2025, U.S. stock markets experienced significant gains, driven by optimism that the Trump administration might adopt a more targeted approach to upcoming tariffs.
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S&P 500 +1.8%
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Dow +1.4%
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Nasdaq +2.3%
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🚀 $TSLA +11.9%, $NVDA, $AMZN, $META rallied
A lot of overhead resistance looms above. Take it one day at a time.
💸 Crypto followed suit:
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BTC $87K (+1.6%)
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ETH $2,068 (+4.1%)
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DOGE +8% 🐶
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SOL +4.6%
📢 $MSTR buys 6,911 more BTC 💼
What to Watch Tomorrow 👀
📊 Data Drop:
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Fed speeches from Kugler (8:40 AM) & Williams (9:05 AM)
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Home price numbers (9 AM)
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Consumer confidence, new home sales & Richmond Fed manufacturing all hit at 10 AM
💼 Earnings Before the Bell:
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Rumble ($RUM), Atossa ($ATOS), Cormedix ($CRMD), Verb Tech ($VERB), Canadian Solar ($CSIQ)
🌙 Earnings After Hours:
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GameStop ($GME), Corvus Pharma ($CRVS), CarParts.com ($PRTS), PaySign ($PAYS), Worthington ($WOR)
🚨 Trump Media x Crypto.com launching Truth.Fi ETFs 👀
📈 $DJT +10.5% after hours (still -38% YoY)
💼 ETFs to include crypto + “Made in America” stocks
🌍 Launching later this year in US, Europe & Asia
🔒 Crypto.com handles backend, custody & coins like BTC, CRO🪙 Trump Media launched Truth.Fi in Jan during the crypto boom
💰 Board approved $250M investment via Schwab
📦 Plans to diversify $700M+ in cash into ETFs, SMAs & crypto
