The U.S. stock market is struggling with soured sentiment over President Donald Trump's tariffs, with the S&P 500 attempting to rebound from a big slump that left it near correction territory.
As Wall Street grapples with volatility and recession fears, China's stock market is on a tear. While the S&P 500 index is down over 4.6% year-to-date, three China-based stocks have surged more than 50%, fueled by AI investments and shifting investor sentiment.
A new batch of tariffs from President Donald Trump on Tuesday again sent some investors scrambling, as stock indexes tumbled further as the market shudders at economic policy uncertainty.
Robert Rowe, Citi Research head of global strategy and U.S. regional director of research, joins 'Money Movers' to discuss Rowe's thoughts on U.S. equities, where growth expectations are changing, and much more.
Trump tariffs of 50% are set to hit Canadian steel and aluminum imports, President Trump said, and that's just the start. The post Trump Orders 50% Steel Tariffs, Threatens Canada With All-Out Trade War; S&P 500 Slides appeared first on Investor's Business Daily.
The report exceeded analyst expectations and showed that job market remained in decent shape.
As of Monday's close, 366 S&P 500 components or 73% were trading 10% or more below their respective 52-week highs.
President Donald Trump has made good on his promises from the campaign trail and issued sweeping tariffs that have now escalated into a full-blown trade war. The Trump administration issued 25% tariffs on Mexico and Canada, and tariffs on China have increased from 10% to 20%.
Stocks opened with a more than 1% drop on Monday for the third time since President Donald Trump's Jan. 20 inauguration.
Get a jump start on the US trading day with "Bloomberg Open Interest". Matt Miller, Katie Greifeld and Sonali Basak take you to Wall Street to Main Street, to the C-Suite and beyond.
Analysts from JPMorgan and RBC Capital Markets are starting to temper their bullish calls for 2025 as President Donald Trump's tariffs ignite fears of slowing economic growth. -------- More on Bloomberg Television and Markets Like this video?
Barron's markets editor Ben Levisohn unpacks the market sell-off on 'Barron's Roundtable.'