The S&P 500 index (^GSPC 0.74%) is made up of 500 companies from 11 different sectors of the economy, so it's the most diversified of the major U.S. stock market indexes. It's currently down 12.5% from its record high, placing it firmly in correction territory, amid simmering global trade tensions that were sparked by President Trump's "Liberation Day" on April 2.
Major market indices are surging for a second straight day on positive political news.
There's no getting around the fact that most stocks have reacted strongly to President Trump's recent tariff announcements. The volatility in the market in early April caused some massive price swings from the S&P 500, including a 9.5% surge in one day after the previous four trading sessions brought it down by 12%.
Warren Buffett has proven over and over again why he is considered the world's great investor.
From April 2 to April 8, the Vanguard S&P 500 ETF (NYSEArca: VOO) plummeted a stomach-churning 12% as investors revolted against the implications of President Trump's tariffs war-against-the-rest-of-the-world.
The S&P 500 gets a lot of attention from investors. There's a good reason for that.
As the trade war escalates, neither the U.S. or China appear ready to blink.
Perhaps you've heard the saying "stocks take the stairs up and the elevator down." That's ringing very true right now after a huge sell-off in the stock market fueled by U.S. President Donald Trump's latest round of tariffs.
Warren Buffett over the years has guided Berkshire Hathaway to enormous success. It was a doomed textile operation in 1965, but has since evolved into a trillion-dollar company under his leadership.
Last week was one for the record books. The S&P 500 (NYSE: VOO) plunged following Trump's ‘Liberation Day' announcement.
A day following “Liberation Day,” the talk of the town is that investors have been liberated from capital gains taxes. The Dow Jones is down 3.72%, the Nasdaq is down more than 5%, and the Vanguard S&P 500 ETF (NYSE: VOO) is down 3.93% as of 10:25 a.m. ET. Why is the market selling off? Tariffs announced by the Trump Administration are estimated to reduce trade by $900 billion this year. Almost every Wall Street bank is now pulling back economic growth estimates for the year. Tariff rates on other countries announced last night range from 10% to more than 50%. As of 2022, the United States had a weighted-average tariff rate of about 1.5%. However, after Trump’s tariff announcement yesterday the United States would have a weighted average tariff rate of 29%. Another issue driving stocks down today is the fact these tariffs appear to be less of a ‘negotiating tactic’ and something that will be in place for a prolonged period of time. For example, both Vietnam and Israel announced large cuts to tariffs on U.S. goods, but saw reciprocal tariff rates of 46% and 17%, respectively. What Stocks Are Falling in the Vanguard S&P 500 ETF? What stocks in the VOO are seeing the biggest declines today? Retailers and Clothing: Williams-Sonoma is down 18.1%, Deckers Outdoor down 16.9%, Ralph Lauren down 16.9%, and Nike down 13%. Each of these companies faces not only reduced consumer spending if a recession happens but also have overseas supply chains that would see significant tariff impacts if these tariffs take effect as presented on April 9th. Consumer Electronics: Dell is down 15.3%, HP is down 15.7%, and Best Buy is down 15.8%. Once again, these companies not only face reduced consumer demand but significant tariffs on their products. Apple was down 9% in early trading but has trimmed its losses to 7.9%. The post Live: Vanguard S&P 500 ETF (VOO) Plummets 4% as Nike (NKE) and Dell (DELL) Sink appeared first on 24/7 Wall St..
The Vanguard S&P 500 ETF (VOO 0.34%) is one of the largest index funds in the world and can be an excellent backbone to any investment strategy. However, there are some alternative ways to get broad stock market exposure, and here are three ETFs in particular that could be a good fit for you.