US Stocks Plunge Amid Tariff Fallout
Trump's latest response to the stock market crash: sometimes you have to "take medicine" to solve the problem!
① The President of the USA, Trump, made a recent response on the stock market crash on Sunday; ② He compared the tariff policies that would cause market turmoil to a "cure" for the USA economy, stating that sometimes "taking medicine" is necessary; ③ He also mentioned that he did not intentionally create the market sell-off.
Ignoring global turbulence and market concerns! The Trump team is vigorously advancing tariff policies.
Senior economic officials of President Trump of the USA refuted investors' concerns about inflation and economic recession, showed no remorse for the market turmoil caused by large-scale tariffs globally, and instead firmly stated that an economic boom is on the way.
Dow Futures Sink 1,700 Points. S&P 500 Set to Open in a Bear Market. as Market Braces for Monday -- Barrons.com
SWHY Securities: Does the significant pullback in the US stock market indicate that an economic recession is imminent?
Does this significant correction in the US stock market indicate a recession?
"Black Monday" repeats itself, will the US stock market plummet by 22%? "Big Mouth" Jim Cramer has issued a warning.
Cramer stated that if the president does not attempt to reconcile with countries and companies that comply with the rules, then "the scenario of 1987... where we fell for three consecutive days and then plummeted 22% on Monday, is very likely to be repeated." He further emphasized: "We will know the result soon, at the latest by Monday."
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Trump's tariff policy is on the way, which may cause nearly 2 trillion dollars in Market Cap to evaporate in the US stock market.
Due to concerns that President Donald Trump's new round of large-scale tariff policies could plunge the USA economy into recession, it is expected that at the opening of the US stock market on Thursday, the Market Cap of the companies in the S&P 500 Index will evaporate by about 1.7 trillion dollars.
The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Trump's Sweeping Tariffs Could Cost US $20 Trillion, Crash Markets Warn Economists: 'Monstrously Destructive'
'Dr. Doom' Nouriel Roubini: Trump's 'Liberation Day' Tariff Label Is Orwellian Doublespeak, US 'Playing With Fire'
Trump's "disruptive tariffs" severely impact the Global market, leading to a debate on "stagflation panic" and "bottom-fishing strategies" on Wall Street.
During the peak moment of "Liberation Day," President Trump of the USA fulfilled his threat to disrupt the modern Trade order, which shocked Wall Street traders.
Tariffs exceeded expectations, U.S. stock Futures plummeted, Apple fell sharply over 7% after hours, U.S. bonds rebounded, and Futures gold reached a new high five times.
Tesla initially fell over 6% but ended up rising over 5%. After Trump announced reciprocal tariffs, the yield on the ten-year U.S. Treasury bond first hit a daily high and then turned lower; Bitcoin surged past the 0.088 million mark before dropping over 3000 dollars. Crude Oil Product closed at a new high for over two months but turned down after Trump's announcement of tariffs.
Extreme sadness gives birth to joy? Analysts at JPMorgan believe that the U.S. stock market may welcome a strong rebound.
Ilan Benhamou, a member of JPMorgan's equity derivatives sales team, stated that current market participants are in the most pessimistic state since the COVID-19 pandemic.