{"id":19212,"date":"2025-03-25T08:48:42","date_gmt":"2025-03-25T08:48:42","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=19212"},"modified":"2025-03-25T08:48:42","modified_gmt":"2025-03-25T08:48:42","slug":"sp-500-pauses-on-tariff-flexibility","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/sp-500-pauses-on-tariff-flexibility\/","title":{"rendered":"S&amp;P 500 Pauses on Tariff Flexibility"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image_fx_-2025-03-25T164602.009-1024x559.png\" alt=\"\" class=\"wp-image-19214\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>S&amp;P 500 closed at 5,761.17 after rising 1.8% Monday, the highest in over two weeks.<\/li>\n\n\n\n<li>Trump\u2019s softer tone on tariffs lifted equities; April 2 deadline seen as flexible.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The <strong>S&amp;P 500 hovered near 5,761<\/strong> on Tuesday after a strong rally the previous day, fuelled by investor relief over <strong><a href=\"https:\/\/t.co\/IEqeyo1rOt\">President Trump&#8217;s latest tariff comments<\/a><\/strong>. On Monday, the index surged <strong>1.8% to its highest level in over two weeks<\/strong>, closing at <strong>5,761.17<\/strong> after touching a session high of <strong>5,778.05<\/strong>. Traders responded positively to Trump&#8217;s signal that <strong>not all proposed tariffs would be imposed<\/strong> on the April 2 deadline, softening the blow of his earlier warning about upcoming levies on <strong>autos, pharmaceuticals, and other key sectors<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Stock market today: Dow, S&amp;P 500, Nasdaq futures waver with Trump tariff moves in focus <a href=\"https:\/\/t.co\/1HNlBduhUK\">https:\/\/t.co\/1HNlBduhUK<\/a><\/p>&mdash; Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1904346826985058399?ref_src=twsrc%5Etfw\">March 25, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The president\u2019s remarks were interpreted as <strong>a sign of flexibility<\/strong>, which has temporarily reduced fears of a full-scale tariff wave. Equities rallied across the board, with <strong><a href=\"https:\/\/www.cnbc.com\/2025\/03\/03\/european-markets-live-updates-stocks-news-data-and-earnings.html\">European futures also pointing to a firmer open<\/a><\/strong>. The <strong>Euro STOXX 50 futures rose 0.2%<\/strong>, while <strong>London, Paris, and Frankfurt contracts<\/strong> were flat to up <strong>0.3%<\/strong>, suggesting cautious optimism on the continent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<p>The SP500 chart reflects a strong upward move beginning on March 22, with price <strong>climbing steadily from the<\/strong><strong>5600 zone to a peak of 5778.05<\/strong> by early March 25. This rally was supported by <strong>consistent bullish momentum<\/strong>, as indicated by the <strong>widening MACD histogram<\/strong> and a bullish crossover that began during the ascent. The 5-, 10-, and 30-period moving averages remained in strong alignment during the run-up, reinforcing the trend strength.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/image-29-1024x449.jpg\" alt=\"\" class=\"wp-image-19213\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Picture: SP500 pauses near recent highs as momentum cools, awaiting breakout or correction, as seen on the <\/em><em><a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a><\/em><\/p>\n\n\n\n<p>However, since touching the <strong>5778 level<\/strong>, the index has entered a <strong>narrow consolidation phase<\/strong>, with price flattening out and hovering around the <strong>5760\u20135770 range<\/strong>. The MACD has also started to converge, suggesting a <strong>slowdown in momentum<\/strong>. While the overall structure remains bullish, traders may look for either a <strong>breakout above recent highs<\/strong> or signs of a pullback before determining the next directional move.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tariff Timeline in Focus<\/h2>\n\n\n\n<p>While markets have reacted well to Trump\u2019s softer language, the risk of <strong><a href=\"https:\/\/www.reuters.com\/markets\/us-planning-exclude-sector-specific-tariffs-april-2-bloomberg-news-wsj-report-2025-03-24\/\">sector-specific tariffs<\/a><\/strong> still looms. Traders are likely to stay defensive until there is <strong>clearer policy direction<\/strong> or confirmation that some levies will be delayed or scaled back.<\/p>\n\n\n\n<p>In the meantime, the <strong><a href=\"https:\/\/finance.yahoo.com\/news\/live\/stock-market-today-dow-sp-500-nasdaq-soar-on-hopes-trump-may-dial-back-next-tariff-wave-200101412.html\">tech-heavy Nasdaq and Dow Jones Industrial Average<\/a><\/strong> are also showing resilience, supported by improving risk appetite and corporate earnings optimism. In Europe, <strong><a href=\"https:\/\/www.reuters.com\/business\/energy\/shell-aims-bring-gas-venezuela-trinidad-2026-sources-say-2025-03-20\/\">Shell\u2019s announcement<\/a><\/strong> of increased shareholder returns ahead of its capital markets day could offer a catalyst for energy sector gains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Forecast for the S&amp;P 500<\/h2>\n\n\n\n<p>In the near term, the <strong>S&amp;P 500 is likely to range between 5,757 and 5,778<\/strong>, with further direction depending on <strong>incoming trade headlines<\/strong>. A break above <strong>5,778<\/strong> could open the path toward <strong>5,800<\/strong>, while a failure to hold <strong>above 5,757<\/strong> could prompt consolidation toward <strong>5,730\u20135,700<\/strong>.<\/p>\n\n\n\n<p>Traders should remain alert to <strong>tariff developments and central bank commentary<\/strong>, as both continue to drive the broader risk environment.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a><\/strong><strong> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S&amp;P 500 holds near 5,761 after 1.8% rally on tariff relief signals. European futures edge higher as markets await clarity. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":19214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[7],"class_list":["post-19212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-stocks"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/19212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=19212"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/19212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/19214"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=19212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=19212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=19212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}