President Donald Trump's second term has created a storm for the market. Use this tool to track the reaction to the inauguration, changing tariffs policies, and more.
The S&P 500 posted four straight days of gains this week, its longest winning streak since January. sitting 10.07% below its record close from February 19, 2025.
The S&P 500 index SPX on Thursday was able to exit correction territory, ending at least 10% above its recent low set in the wake of President Donald Trump's April 2 “liberation day” tariffs.
XPAY is a newer ETF offered by Roundhill, offering S&P 500 exposure through options and targeting a 20% annualized distribution rate, paid monthly. The fund's distributions are primarily return of capital, of which some portion will likely be destructive and erode NAV over time. With ROC distributions, though, that can be quite appealing for some investors as it can defer tax obligations.
The escalating trade war with China poses a major threat to the U.S. stock market. Ross Mayfield, investment strategist at Baird, joined TheStreet to discuss why this conflict presents a significant risk to both Wall Street and the broader U.S. economy.
From most of the prominent Q1 '25 earnings so far, some of the mentioned trends in conference calls is that some S&P 500 companies pre-ordered or accelerated orders for those products impacted by tariffs. March '25 retail sales data, which is a good read on the US consumer, still indicates a healthy trend with March retail sales +1.4%, or +1.7% after revisions. Given earnings patterns over the years, and because Q1 '25 was pre-Liberation Day, Q2 '25 earnings are expected - from the results this past week - to be up 10-12% for the quarter.
The intersection of two different S&P 500 moving averages may suggest the market is losing momentum, but it's not necessarily a disaster, particularly for investors with longer horizons.
The S&P 500 formed a death cross this week, a pattern where the index's 50-day moving average crossed below its 200-day moving average. The index remains in correction territory, sitting 14.02% below its record close from February 19th, 2025.
The S&P 500 trades at 5,360 today. If tariffs bite the economy and send the United States into a recession, it may well reset to where it was the last time bad news triggered deep anxiety about gross domestic product (GDP).
The index's 50-day moving average indicates it is losing momentum compared with the 200-day moving average.
“Be prepared for anything to happen and be open to all possibilities beyond Monday.