From Yahoo Finance: 2025-03-30 09:00:00

Stocks have sold off in recent days as investors digest President Trump’s latest round of tariffs. The headlines are expected to intensify in the week ahead, with an April 2 reciprocal tariff deadline looming. The big questions from investors are to what extent Trump will impose levies on trading partners and if it will escalate the trade war.

The growing market fear is that worse-than-expected tariffs could weigh on already souring sentiment and slow economic growth. The impact of tariffs has prompted several Wall Street firms to lower their S&P 500 year-end targets. Barclays recently lowered its target from 6,600 to 5,900, the second-lowest target on the Street.

Goldman Sachs’ recent survey of market participants shows investors likely expect a nine percentage point reciprocal tariff rate, but the team believes the initially proposed rate will be higher. Administration officials have said the tariff rates are intended as a basis for negotiation, which could lead to higher rates at the outset.



Read more at Yahoo Finance: What Wall Street is saying about Trump’s April tariff deadline