Markets were optimistic due to trade talks, but turned negative after U.S. imposed tariffs on China

From Nasdaq Markets: 2025-04-08 18:11:00

On Tuesday, April 8, 2025, pre-market futures were up due to optimism about trade deals with the U.S. Talks with Japan were positive, but then the U.S. imposed additional tariffs on Chinese imports, causing market turmoil. Apple’s stock fell -5% while healthcare insurers like Humana and UnitedHealthcare saw gains.

The S&P 500 closed below 5000 for the first time in a year, with the Dow and Nasdaq also down. The Volatility Index (VIX) rose 244% from a year ago. Despite some positive news for healthcare stocks, the overall market took a hit due to escalating trade tensions with China.

Looking ahead, Delta Air Lines will kick off Q1 earnings season. Minutes from the March FOMC meeting will also be released, with a focus on potential tariffs in the global trade market. Investors are bracing for more volatility as earnings season ramps up and trade tensions continue to impact the market.



Read more at Nasdaq Markets: Markets Reverse Direction as Tariff Ante Upped on China