Apr 15, 2025 (Baystreet.ca via COMTEX) --
Stock markets continued their sentiment reversal, swinging back to modest bullishness. The Dow gained 312 points to close at 40,524.79. The flip-flopping tariff policies for semiconductor stocks heightened volatility recently. However, the temporary tariff pause on electronics helped Nasdaq (QQQ). Apple (AAPL) iPhones, in particular, led the stock market's move higher.
Watch for the biggest moving stocks on Monday recovering from a decline. AppLovin (APP) lost 5.55% despite Morgan Stanley upgraded the stock on April 10. Analysts cited new budgets for in-app advertising to increase its market share.
The macroeconomic landscape is worsening for advertisers. Tariffs are a tax on people, hurting demand. This might lead to a recession, which lowers corporate advertising budgets.
Humana (HUM) dropped by 3.46%. The stock tested the $250 support throughout the last two months, then rallied to around $300 recently. Its long-term profitability is increasingly uncertain. The government will likely cut Medicare Advantage spending. It is reigning in government spending to manage its ballooning fiscal deficit.
Bath & Body Works (BBWI) might rally again today, after gaining 7.55% on Monday to close at $28.65. The stock rose after Piper Sandler upgraded its rating on BBWI shares to Overweight, up from Neutral. It believes that teen females will buy their fragrance, choosing it over Dior, Marc Jacobs, and Chanel. In mid-March, the firm sold shares to raise funds. This dilution would hurt investors.
COMTEX_464574254/2559/2025-04-15T09:27:34
