From Nasdaq: 2025-04-10 18:32:00

Stock indexes closed lower on Thursday, with the S&P 500 down -3.46%, Dow Jones down -2.50%, and Nasdaq down -4.19%. Concerns about US trade policies persist despite a 90-day tariff pause. EU delays retaliatory tariffs, while US economic news shows slowing inflation and solid labor market. Weekly jobless claims meet expectations.

Fed comments hint at prioritizing inflation control. China shows signs of deflation, impacting global growth. Tariff tensions continue as US imposes higher rates on Chinese goods. Stocks under pressure over tariff fears. 32% chance of a rate cut after FOMC meeting. Focus on US trade policies, Q1 earnings, and economic reports.

Tech stocks, chip makers, travel, and energy sectors saw significant declines. Defensive healthcare and gold mining stocks rise as the market sinks. Notable losers include Tesla, Meta Platforms, and US Steel. Notable gainers include UnitedHealth Group and gold mining stocks. Earnings reports expected from major banks on Friday.

Market volatility continues as trade tensions persist. Economic indicators and corporate earnings will drive market sentiment. Stay updated with Barchart Brief newsletter for critical insights. Follow market movements closely for opportunities amid uncertainty.



Read more at Nasdaq: Stocks Fall Sharply as Tariff Concerns Weigh on Growth Prospects