Tariff fears fade as record inflow sees stocks rally
Update: 2025-03-23
Description
US stocks broadly rallied at the end of last week, in which US$43.4 billion was spent buying global equities – the most so far this year. With investors' renewed confidence, the gold price dipped. And even Tesla jumped 15% from its low, but still remains outpaced by BYD's gains in 2025. Expect Australian stocks to be under pressure today.
Securities mentioned: Tesla, Ulta Beauty, Airbnb, Meta Platforms, Netflix, Warner Bros Discovery, Norweigan Cruise, SPDR Gold ETF, BYD Company
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