Powell’s warning, tariff uncertainty continue to drag down markets

From Yahoo Finance: 2025-04-18 08:03:00

The stock market experienced its best week in nearly two years, but volatility persisted due to Trump’s latest tariff plans and Jerome Powell’s caution on the economic outlook. Powell warned of stagflation risks, causing the S&P 500 to plummet over 2%. President Trump further pressured Powell, threatening his termination. Market sentiment has unraveled, with risk indicators spiking to levels not seen since previous crises. Nvidia suffered losses after costly new restrictions on Chinese chip exports, shedding over $250 billion from its market cap. Clarity on trade negotiations is needed for a potential market rebound amidst rising uncertainty.



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