US stocks rally as investors weigh economic data, Trump policies


The New York Stock Exchange (NYSE) stands on Wall Street on March 05, 2025, in New York City. (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

NEW YORK: U.S. stocks gained for a second straight session on Monday as investors sought bargains after the Nasdaq and S&P 500's four-week tumble and assessed the latest economic data to gauge the impact of the Trump administration's policies.

Retail sales rebounded marginally in February, but fell short of expectations, reflecting the increasing uncertainty over tariffs and large-scale firing of federal government employees. A separate report showed March factory activity in New York State plummeted the most in nearly two years.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business

Ringgit likely to trade cautiously next week ahead of key US data
High hopes as dividend is nigh
Handling non-public info properly
Broadening Malaysia’s trade
US LNG exporters lead in gas use
Watts from water
AI in the layman’s eye
Jinhua – a trading hub without borders
Asia bonds for diversification
Powering a new reinvestment cycle as demand surges

Others Also Read