S&P 500 faces uncertainty due to trade war and tariffs, with potential bullish turnaround

From Investing.com: 2025-04-09 10:29:00

  1. Markets are on edge following Trump’s new tariffs, with the S&P 500 testing critical support. Gold emerges as the only safe haven amidst the chaos.
  2. US-China trade negotiations spark optimism but quickly turn to pessimism as reciprocal tariffs are imposed. China retaliates with increased tariffs on US goods, causing stocks to fall further.
  3. Technical analysis of the S&P 500 shows potential for a bullish turnaround if major support between 4800 to 4885 holds. Factors such as Fibonacci retracement levels and trend lines come into play.
  4. The trade war escalates as the US and China continue their tariff dispute, impacting investor sentiment and asset prices. Lack of progress in negotiations adds uncertainty to the market.
  5. Rising yields in bond markets prompt investors to turn to gold as the ultimate safe haven asset. Gold prices surge amidst economic risks and market volatility.
  6. Global selloff deepens as Trump implements reciprocal tariffs, causing a rush out of stocks and bonds. Yields on Treasuries hit a 100-year high, impacting global economies and FX markets.



Read more at Investing.com: S&P 500 Faces Major Test as Trade War and Tariffs Fuel Market Wobble