From Yahoo Finance: 2025-04-18 06:06:00

A wave of U.S. company earnings reports this week will challenge a volatile stock market still reeling from Trump’s tariff announcement. S&P 500 down 14% from February record. Magnificent Seven stocks like Tesla and Alphabet face scrutiny over tariff impact. Economists predict 45% chance of recession next year.

United Airlines’ dual forecast warns of revenue loss in a recession. Tesla under spotlight due to Musk’s ties to Trump. Alphabet faces scrutiny over AI costs and advertising spending. Boeing under pressure after China halts jet deliveries. S&P 500 earnings growth projections down to 9.2%.

Trump calls for Fed Chair Powell’s removal and rate cuts. Investors seek calm during earnings season. Market volatility, though lower than peak, remains high at around 30 on VIX index. Further drop needed for stability. Uncertainty lingers amid tariff impact and economic data.

Read more: Busy US earnings week confronts market grappling with tariff fallout