key takeaways
- S&P 500 increased by 0.8% on Monday, 14 April, 2025 after the smartphone and other electronics were exempted from President Donald Trump’s “mutual” tariff.
- The shares of the Palantir Technologies pushed more after NATO acquired the AI-Enabled military system of the data analytic firm.
- Kidney dialysis treatment provider Davita said it was a victim of a ransomware attack, and its shares fell.
After the announcement of smartphones, computers, and other electronics by the Trump administration, the Major US Equity Index made more tick to start the new trading week, which would be exempted from “mutual” tariffs, even Commerce Secretary Howard Lutnik suggested that carving-outs could only be temporary.
The S&P 500 and Dove increased the Monday season by about 0.8%, while Nasdaq increased by 0.6%.
Charles River Laboratories (CRL) posted the strongest daily benefit of any S&P 500 stock, as the shares added 6.9%. With Monday’s push higher, the stock returned a portion of the sharp fall posted by the Food and Drug Administration at the end of last week, as it would eliminate animal test requirements in the development of monoclonal antibodies and other treatments.
The North Atlantic Treaty Organization (NATO) announced that it increased by the Palaantir Technologies (PLTR) shares after the announcement of acquiring an AI-based military system developed by the data analytics software firm. NATO said that purchases, “was one of the fastest in NATO history, outlining the need to achieve the system took only six months.”
Several shares in the health care sector lost the land as the health insurers gave some benefits posted last week, when the government said that the payment to the Medicare insurers next year would be higher than before. Humana (HUM) shares, which have been under pressure between their Medicare Prasad and soft membership additions in the last one year, sinks 3.5%, marking the weakest performance in S&P 500. The stocks of the United Health Group (UNH) fell 2.1% from their earning reports later this week.
Davita (DVA), which provides dialysis services to patients with kidney disease, announced that it was affected by a rangesware attack. According to a filing with the Securities and Exchange Commission, the incident resulted in an encryption of some elements in Davita’s network and affected parts of its operation, but the health care company said it was taking measures to reduce issues. Davita’s shares fell 3% on Monday.
The shares of the South -West Airlines (LUV) declined by 2.4%, when the carrier stated that its travel credit would end 12 months from the purchase date of the original ticket for most flights, ending its policy of providing credits without any expiration date. The new policy marks the end of another long-lasting perk for the airline, moving towards a paid goods model last month, causing concern that more southwest passengers may need to gate-check their carry-on goods.