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Markets react to Trump's 'Liberation Day' tariffs as stocks plunge in after-hours trading

1. Trump announced sweeping tariffs, causing global market plummets. 2. S&P 500 futures fell 3.5%, indicating investor anxiety. 3. Major companies like Apple and Nike saw shares drop 7%. 4. Gold prices reached new highs as investors sought safe havens. 5. The lack of clarity on tariffs creates further market uncertainty.

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FAQ

Why Very Bearish?

The market's negative reaction reflects significant investor concerns. Historical examples show tariffs often lead to market downturns, such as 2018's trade war impacts.

How important is it?

The announcement of new tariffs directly affects the S&P 500's constituents, especially globally linked firms. This indicates heightened risks, prompting investor caution.

Why Short Term?

Immediate impacts on stock prices are evident but could stabilize over time. Similar past announcements have caused quick sell-offs but gradually adjusted.

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