The cryptocurrency market cap dropped 2.80% in 24 hours to $2.54 trillion following President Donald Trump‘s sweeping tariff announcement, imposing a 145% duty on Chinese imports and a 10% universal tariff on most other goods.
U.S. stock futures fell on Thursday night as investors prepared to close a volatile trading week marked by dramatic market swings. Nasdaq-100 futures led declines, dropping 1.26% to 18,251.75, while S&P 500 futures fell 1.04% to 5,247.00 and Dow futures slipped 0.88% to 39,448.00.
A discussion about the extreme volatility gripping the markets due to a combination of macro events, policy surprises, and broken bond market dynamics.
TSM has seen a 25% decline in stock value and a Death Cross pattern, while President Trump's recent threats of a 100% tax on the company add to the negative outlook. Investors may find more stability in ETFs such as SPY, SOXX, and SMH.
Wall Street trimmed steep losses in afternoon trading Thursday, following remarks from President Donald Trump, who expressed some optimism about reaching trade agreements, particularly with China.
US inflation surprisingly undershot pretty much everyone's expectations in March, but higher prices from tariffs and supply chain disruptions are on their way.
The S&P 500's rally may be premature, warns Jeremy Siegel. Trump's tariff pause is temporary and trade tensions remain. Investors advised to be cautious.
The Trump administration announced a 125% tariff hike on goods imported from China; however, a White House official said this figure does not include the 20% fentanyl-related levy.
Multiple economists emphasized that March's cooling may be temporary, as President Donald Trump's reinforced tariffs and trade measures could reverse progress by raising consumer prices.
The benchmark index tumbled more than 1,060 points before recouping some of the losses, as traders evaluate the future course of action with respect to the Trump administration’s tariff action.
According to the Bureau of Labor Statistics, the consumer price index (CPI) decreased 0.1% on a seasonally adjusted basis in March, after rising 0.2% in February. On an annual basis, CPI increased 2.4% before the seasonal adjustment.
