Stocks are down on concerns over trade policies and tariffs, with US-China tensions escalating.

From Nasdaq: 2025-04-10 13:21:00

Stock indexes, including the S&P 500, Dow Jones, and Nasdaq, are all down today, reflecting concerns over trade policies and tariffs. The EU announced a 90-day pause on retaliatory tariffs, but the US-China trade war escalated, with China imposing higher tariffs on US goods. Markets are wary of potential negative impacts on global growth.

US economic news showed slowing inflation and a strong labor market, with March CPI rising less than expected. Jobless claims were in line with expectations. Hawkish Fed comments raised concerns about inflation, impacting stocks negatively.

China’s weak demand signals deflation risks, with March CPI and PPI falling below expectations. President Trump’s tariff actions have impacted markets, leading to fears of economic slowdown.

Q1 earnings season starts with US banks reporting lower growth expectations. Overseas markets are mixed, with European bond yields up and swaps indicating a potential rate cut by the ECB.

US stocks like Tesla, Apple, and Amazon are down, with chip makers and travel stocks also falling. Energy companies are affected by declining oil prices. Defensive healthcare stocks are up, while companies like Lovesac and Dexcom see gains.

Earnings reports for Bank7 Corp, CarMax, and others are expected on 4/10. US Steel drops after Trump’s comments, while Comcast and Eversource Energy also see declines. Lovesac, Keros Therapeutics, and Enact Holdings experience positive movements.



Read more at Nasdaq: Stocks Sink on Global Economic Angst