From Nasdaq: 2025-04-01 11:47:00

Stock indexes are down today ahead of President Trump’s announcement of new US tariffs. Concerns over a 20% tariff on most imports have fueled risk-off sentiment, with the 10-year T-note yield falling and gold prices rising. Markets await key economic data and Fed Chair Powell’s speech. Overseas markets are higher.

Interest rates are rallying on tariff fears, with T-notes hitting a 4-week high. European bond yields are lower, and Eurozone data shows a decline in manufacturing PMI and a slower increase in CPI. The Eurozone unemployment rate unexpectedly fell to a record low.

US stock movers include airlines, chip makers, and tech giants like Tesla and Alphabet. Johnson & Johnson faces losses after a court ruling, while Genuine Parts Co sees a downgrade. Cybersecurity stocks are climbing, and upgrades boost First Watch Restaurant Group, Keurig Dr Pepper, Ulta Beauty, and Shake Shack.

Earnings reports for April 1, 2025, include companies like Adverum Biotechnologies and Sandisk Corp/DE. Market analysis suggests a rate cut by the ECB in April. The overall market is influenced by tariff concerns and upcoming economic data releases. Overseas markets show mixed results.



Read more at Nasdaq: Stocks Under Pressure Ahead of Wednesday’s Tariff Announcement