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Daily Highlights

US stock market sees mixed movements ahead of key policy announcements

Adriaan Pask, Chief Investment OfficerPSG Wealth

US stock market sees mixed movements ahead of key policy announcements

The US stock market experienced mixed reactions as investors awaited significant policy announcements. The Dow Jones was up by 0.10%, while Nasdaq gained 0.90% closing at 17 445 and the S&P 500 showed slight gains at 0.40% closing at 5 632.02.  Despite the partial recovery in key indexes, concerns about the economic impact of these policies continued as investor sentiment remained cautious.

European equities managed to regain some ground, also reflecting prudent optimism among investors. According to Reuters, European shares rebounded on Tuesday, recovering from a two-month low reached in the previous session. The STOXX 600 index closed 1.10% higher, marking a turnaround from Monday’s declines. This recovery came as investors cautiously positioned themselves ahead of the impending US tariff announcements, set to take effect on 2 April. In the UK, the FTSE 100 closed at 8 634.80, marking a gain of 0.61%.

Asian markets displayed a mixed performance with some indices recovering from previous declines. The Nikkei 225 closed at 35 624.48, marking a modest gain of 0.02%, while the Hang Seng Index closed at 23 206.84, up by 0.38% following significant declines in the previous session. Japan is seeking exemptions from potential US tariffs, adding to regional uncertainty. Despite these challenges, Asian shares rebounded slightly following gains in other global markets.

South African business sentiment remains subdued due to ongoing uncertainty affecting economic growth. At 19h52 SAST the rand traded at 18.48 against the US dollar, 19.95 to the euro and at 23.88 against the pound. These exchange rates reflect ongoing global economic uncertainties and domestic challenges, including inflation and economic growth concerns.

The price of gold was buoyed by increased demand for safe-haven assets, closing at $3 114.00 per ounce. Brent crude oil closed at $74.59 per barrel, influenced by potential tariffs on crude exports.

 

KST3 180c-55c (-1.70%)
Market Indicators
DateIndexCurrent Level1 Day Move1 Month Move6 Month Move1 Year Move
Date2026-09-25T00:00:00IndexALSICurrent Level111564.581 Day Move-1.571 Month Move-4.406 Month Move3.721 Year Move8.73
Date2026-09-25T00:00:00IndexBasic mineralsCurrent Level87200.371 Day Move-1.871 Month Move-9.516 Month Move7.701 Year Move20.45
Date2026-09-25T00:00:00IndexFin + Ind 30Current Level12955.941 Day Move-1.441 Month Move-1.636 Month Move2.121 Year Move3.58
Date2026-09-25T00:00:00IndexFinancialCurrent Level62396.461 Day Move-0.991 Month Move-1.176 Month Move7.681 Year Move23.23
Date2026-09-25T00:00:00IndexIndustrial indexCurrent Level127803.411 Day Move-1.961 Month Move-2.466 Month Move-3.391 Year Move-11.11

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