What You Need to Know:
• Markets whipsaw as Trump’s escalating trade war fuels investor uncertainty.
• The S&P 500 and Nasdaq rebounded after steep losses but remain volatile.
• $4 trillion in market value erased amid tariff fears and economic concerns.
• Tech stocks lead the swings, with Tesla (TSLA) soaring 7.6% while Apple (AAPL) declines.
• Investors watch Federal Reserve signals as inflation cools to 2.8%.
Market Overview
Wall Street is on a rollercoaster ride as President Donald Trump’s aggressive trade policies fuel market instability. Stocks plunged earlier this week, wiping out over $4 trillion in value, before staging a modest rebound Wednesday. The S&P 500 gained 0.5%, while the Nasdaq surged 1.2%, though volatility remains high.
Investors continue to grapple with Trump’s escalating tariff war, which has spooked global markets. While inflation data showed signs of easing, uncertainty surrounding economic policy has kept traders on edge.
Earnings Highlights
• Microsoft (MSFT): Shares climbed 0.75%, showing resilience despite broader volatility.
• Meta Platforms (META): Stock surged 2.26%, benefiting from investor confidence in tech.
• Tesla (TSLA): Led market swings, jumping 7.6% in a sharp reversal.
• Apple (AAPL): Bucked the trend, sliding 1.76% as supply chain concerns mount.
Economic Indicators
The latest Consumer Price Index (CPI) report showed inflation cooling to 2.8%, down from 3% in January. This has fueled speculation that the Federal Reserve may cut interest rates later this year, though policymakers remain cautious amid economic uncertainty.
Sector Trends
Tech stocks are at the center of the market’s wild swings. Tesla (TSLA) soared, while Nvidia (NVDA) and Broadcom (AVGO) gained 6.4% and 2.2%, respectively. However, Apple (AAPL) dragged on the Dow, extending its recent decline.
The Oracle says:
“The Oracle says buckle up—the stock market rollercoaster is far from over. Investors should brace for more volatility as Trump’s trade war and Fed policy continue to drive uncertainty.”
