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March 29, 2025 | Tech Talk for Saturday March 29th 2025
Don Vialoux
The Bottom Line
Focus next week is on imposition of a 25% tariffs on goods imported into the United States to be announced officially by President Trump on Wednesday April 2nd. Growing political uncertainty related to the tariffs and likely counter tariffs were a major reason for weakness in North American equity indices last week. Leading the weakness was the Technology sector on a drop to a seven month low.
The CNN Fear & Greed Index remained elevated at 22 indicating “Extreme Fear”. See https://www.cnn.com/markets/fear-and-greed
Major North American equity indices are expected to test their March 13th lows early this week. Their lows are 5,504.65 for the S&P 500, 40,661.77 for the Dow Jones Industrial Average, 17,239.44 for the NASDAQ Composite Index and 24,145.59 for the TSX Composite Index.
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Don Vialoux March 29th, 2025
Posted In: Tech Talk
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