Trump Tariffs Send US Markets Into Shock, S&P 500 Sheds $2.4 Trillion
The Dow Jones Industrial Average plunged a whopping 1,679 points (or 4 per cent) and the Nasdaq composite tanked by 6 per cent.
US stocks market witnessed its worst one-day sell-off since 2020, as shares ripped through financial markets across the world over worries of an all-out trade war and fears of a global economic recession over US President Donald Trump’s sweeping trade tariffs.
» Read more about: Trump Tariffs Send US Markets Into Shock, S&P 500 Sheds $2.4 Trillion »
Read MoreS&P 500 plummets as Donald Trump’s tariff announcement sparks market turmoil
On April 3, 2025, the S&P 500 took a nosedive, closing at 5,396.52 after a staggering drop of 274.45 points, or 4.84%. This sharp decline, one of the steepest in recent years, came as markets reeled from President Donald Trump’s tariff announcements made during his so-called “Liberation Day” speech the day prior.
The “Liberation Day” event on April 2 unveiled a bold tariff plan,
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Read MoreUS Market Crash: UBS downgrades, cuts S&P 500 target to 5,800
UBS Global Wealth Management downgraded US equities, warning of prolonged market volatility due to the impact of reciprocal tariffs on the world’s largest economy, and far-reaching implications for global growth.
The firm reduced US stocks to neutral from attractive, and slashed its year-end target for the S&P 500 Index to 5,800 from 6,400 due to lower earnings estimates and valuation.
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Read MoreTrump’s Second Term Brings Worst Stock Market Start Since 2001
The US stock market is down 10% since President Donald Trump’s inauguration, marking the worst 10-week start under a new president since George W. Bush in 2001 during the height of the dot-com selloff.
In other words, the S&P 500 Index is in a correction over the 52 trading sessions since Trump swore the oath of office Jan.
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Read MoreBlair William & Co. IL Boosts Stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)
Blair William & Co. IL raised its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 4.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,881 shares of the company’s stock after buying an additional 726 shares during the quarter.
Read MoreThe Burst
Rocket Lab’s 340% Surge Hits a Roadblock—Is It a Buy Now?
Shares of space vehicle launch company Rocket Lab (NASDAQ:RKLB) have been through a wild ride over the last year. On a 12-month basis, the company’s stock has risen by over 340 percent on extremely strong growth and improving fundamentals.
On a 30-day basis, however, RKLB shares have lost almost 30 percent of their value.
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Read MoreThe Ivy
Looking for Stability? This High Dividend Yield ETF May Be Perfect
Vanguard’s High Dividend Yield ETF (VYM) is a popular income investment that combines high dividend income potential with Vanguard’s characteristic passive management and low expenses.
With the NASDAQ now actively in a correction and other indices also struggling, now may be a good time to consider defensive, dividend-generating stocks.
Is VYM a good ETF to buy,
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Read MoreThe Spotlight
1 Cash Cow ETF That Beat The Market
There’s a reason even Warren Buffett advocates his heirs to buy an exchange-traded fund over Berkshire Hathaway when he passes on. They are low-cost, tax-efficient, and, for the most part, transparent.
But not all ETFs are built the same, and the Pacer US Cash Cows 100 ETF has some features that will be highly attractive to some investors.