Stocks see wild swings on tariff rollout

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Markets experience outdoor swings during Wednesday’s tariff launch

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A new wave of volatility has put global markets in a few days, more than the tariffs launched by U.S. President Donald Trump, stocks were wasted in the last quarter. As stocks rebounded, bonds deviated from meeting highs. Gold climbed onto the record.

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From New York to London and Tokyo, stocks were hit by a fierce swing. Although the S&P 500 index has dropped by 1.7%, the worst U.S. stocks compared to the rest of the world since 2009. The defense organization outperforms the ball. Energy producers joined an oil rally as Trump advised the U.S. could work to reduce Russia’s crude oil transport. Amid the focus of the artificial intelligence bubble, the “Magnificent Seven” giant star’s volume specifications expand the quarterly rout to 16%.

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This is the first rise in bonds since the March 2020 pandemic, with stocks falling in three months. One dollar, which has been a long-standing hiding place during the market sell-off, has not been doing so lately. While Green’s Monday’s milder earnings have been on the worst start since 2017.

The Trump administration will unveil a hybrid message on Wednesday, and how they will announce that traders are shocked as they try to face the biggest risks the market faces in years.

Trump will announce his reciprocal tariff push at an event at the White House Rose Garden on Wednesday. His top spokesman said the announcement would be characterized by “country-based” tariffs, but added that the president was also “committed” to perform departmental duties at another time.

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“Tariffs may continue to drive market discussions,” said Chris Larkin of Morgan Stanley E* Trade. “Whether the tariffs are higher than expected than expected, it may go a long way to shape the near-term momentum of the market.”

The S&P 500 rose 0.6%. The Nasdaq 100 has barely changed. The Dow Jones industrial average rose by one percent. Tesla Inc. and Nvidia Corp. brought losses in giant stocks, while Apple Inc. gained losses. Newsmax Inc. shared a surge in its first meeting. The vaccine stockpile fell after senior regulators left the U.S. Food and Drug Administration.

The yield on the 10-year treasury dropped three basis points to 4.22%. The Bloomberg Market Cap Index rose 0.2%. Gold exceeded $3,100 for the first time.

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Trump’s trade war has sparked concerns that the economy may stagnate, but most economists still don’t expect the United States to fall into a real recession next year, but they do say the chances of an economic contraction have increased. Another concern from the perspective of economists and market observers is the risk of slowing growth in accelerating inflation, a horrible scenario called stagnation.

New York Federal Reserve President John Williams told Yahoo Finance that there is a risk of higher inflation this year, although his baseline view is that it will remain relatively stable.

Amid all the concerns over the economic impact of tariffs, David Kostin of Goldman Sachs Group cut his S&P 500 index, which now expects the benchmark to end about 5,700 years, compared to his previous estimate of 6,200.

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“If the growth outlook and investor confidence deteriorate further, then the valuation may be much larger than we predict,” Costin wrote in a note. “We continue to advise investors to pay attention to improving growth outlook, more asymmetry in market pricing or positioning before trying to trade the bottom of the market.”

Keith Lerner of TRUIST Consulting Services noted that as the economic context weakens relative to consensus expectations, earnings may drop in situations where valuations are raised but not compelling.

“Investors should be more neutral and less offensively in recent years, relative to investors’ risk/reward backgrounds, compared to more mixed in recent years,” he said. “So we expect the turbulent market environment to continue over the next few weeks and possibly months, and we are unlikely to return to new highs anytime soon.”

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Stock market signals are warning investors looking to recover quickly from this year’s massive stock sell-off.

Data compiled by independent strategist Jim Paulsen shows that the correlations of individual S&P 500s, which measure how much they move simultaneously, are close to the lowest level even after the month’s rise.

“So far, we’ve had a very methodical and almost boring correction. Paulsen said his four decades of careers on Wall Street include serving at Leuthold Group and Wells Capital Management. “Relevance just tells me we’re not doing what we need to do to set up another component we raise for the next leg. ”

Stock market traders are staring at some key technical charts to see what the market is next as stocks’ rout fear of trade uncertainty and slowing economic growth become increasingly intense.

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The S&P 500 briefly fell below the first ominous milestone watch that the first ominous milestone trader was watching at the start of the meeting – 5,504.65, the latest intraday low on March 13. However, widespread stock benchmarks quickly retracted that level. The question now is whether it stays there.

Technical strategists also recommend focusing on market breadth in search of more evidence of washing conditions. Adam Turnquist, chief technical strategist at LPL Financial, said the percentage of reads for stock trading above the 20-day moving average would be “a good sign.”

Bloomberg.com

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