Markets spiralled downward after new tariffs announced, with $6.6 trillion lost.
From Investing.com: 2025-04-07 02:22:00
Last week saw a tumultuous time in the market, with $6.6 trillion lost after new tariffs were announced. Analysts slashed market forecasts, economists predict a recession, and citizens protested. Despite hoping for a lenient tariff policy, markets hit extreme oversold levels. As April historically favors equities, caution is advised due to headline risks. All sectors were down, with technology hit hardest. Cash volatility spiked, and value outperformed growth. Global equities suffered, with Dr. Copper collapsing. In uncertain times, tactical investors seek to capitalize on emerging trends and remain optimistic for opportunities ahead.
Read more at Investing.com: From Bad to Worse: How Markets Spiralled After Tariffs Announcement
