Stay ahead of the markets! Explore April 2’s tariff updates, economic data, and labor reports. Get expert insights on commodities and earnings highlights.
The uncertainty over the tariff policy is more of a problem for markets than the tariffs themselves,” one financial expert told The Post on Monday.
Wall Street firms are warning that the risk of the U.S. economy falling into a recession are rising as President Trump's tariff plans could lead to an escalation of the trade war.
Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak. The S&P 500 edged up 0.1%. The index finished with a 0.5% gain for the week. It’s still down 4.8% so far this month. The Dow Jones Industrial Average eked out a 0.1% gain, while the Nasdaq composite rose 0.5%.
Stocks closed broadly higher as Wall Street navigates through the uncertainty of a trade war. The S&P 500 jumped 1.8% Monday.
U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend.
Stocks fell in afternoon trading Friday, but the losses are softening enough to give Wall Street a chance to snap a four-week losing streak. The S&P 500 fell 0.2%. The index is holding onto a 0.2% gain for the week, which would snap a four-week losing streak.
Investors are concerned about President Trump's plans to roll out new tariffs on April 2, which economists say could reignite inflation.