From Quiver Quantitative: 2025-04-17 02:24:00

Federal Reserve Chair Jerome Powell’s warnings about trade tensions caused a market plunge, with the S&P 500 down 2.2% and Nasdaq 100 off 3.0%. Investors sought safety in Treasuries and gold, with 10-year Treasury yields falling to 4.28%. Powell rejected a “Fed put” to protect markets from tariffs, emphasizing the need for more data. Semiconductor giants like Nvidia reported earnings setbacks due to trade disruptions. Analysts predict continued volatility and market vulnerability, with ongoing uncertainty over tariffs and global trade tensions. Gold prices rose above $3,339 an ounce amid fears of a recession.



Read more at Quiver Quantitative: Powell Snubs “Put” Hopes as Trade Tensions Reignite Market Volatility