China's retaliatory 34% tariffs spark market meltdown with tech stocks leading declines. S&P 500 enters correction territory as Treasury yields fall below 4% on recession fears.
U.S. dollar remained under strong pressure after the release of the report.
The economy shows signs of weakening with rising unemployment, increasing consumer delinquencies, and a spike in business bankruptcies, indicating higher recession probabilities. Reliable indicators like the inverted yield curve, widening credit spreads, and outperforming consumer staples sector suggest a recession is likely within the next 12 months.
The CNN Money Fear and Greed index showed almost no change in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Tuesday.
When Donald Trump was sworn in for his second term on January 20, 2025, the financial markets were riding a wave of optimism, which has now significantly faded, as evidenced by returns from indices such as the S&P 500.
The price chart of the S&P 500 Index (INDEXSP: .INX) is not bullish. In fact, it's quite concerning right now.
JOLTs Job Openings declined to 7.568 million, missing analyst expectations.
The S&P 500 (^GSPC 0.55%) is one of the most closely watched stock market indexes. Often viewed as a barometer for the broader market, the S&P 500 consists of the 500 largest companies in the U.S., providing a benchmark for measuring a portfolio's performance.
The outlook for big companies' first-quarter earnings could be a bit dim, a new analysis suggests.
Morning Brief anchors Madison Mills and Julie Hyman break down the market news for March 31, 2025. Global markets brace for reciprocal tariffs as President Trump prepares to announce his new levies.
US stock futures (ES=F, NQ=F, YM=F) are sinking Monday morning as tariff concerns continue to stir market unease. Yahoo Finance Senior Reporter Josh Schafer joins Morning Brief to explain how rising tariffs and economic forecasts are impacting the S&P 500 and investor sentiment.
The S&P 500 fell 1.5% from the previous week, marking its fifth weekly loss in the past six weeks. The index is now 9.17% below its record close from February 19, 2025 and is down 4.90% year to date.