Daily Summary
President Trump's upcoming tariff announcement on April 2 is stirring global market anxiety, prompting hedge funds to cut their exposure in tech stocks and sending the S&P 500 into its worst quarterly decline since 2022. Investors are fleeing risky assets for safe havens like gold, while global markets brace for potential retaliatory trade measures and the escalation of a broader trade war. These significant policy shifts, deemed part of Trump's broader effort to counteract perceived unfair trade practices, could intensify economic uncertainties and geopolitical tensions worldwide.
Global Markets Turmoil as Wall Street Endures Worst Quarter Since 2020
Global markets are rattled by Wall Street's worst quarter since 2020 amid fears of a trade war and erratic U.S. policy. Investors are seeking safety in assets like gold as the prospect of sweeping tariffs deepens economic uncertainties.
Trump’s ‘Liberation Day’ Tariffs: Enforcing Significant Trade Policy Changes
President Trump’s 'Liberation Day' on April 2 will see the enactment of steep reciprocal tariffs aimed at countering unfair trade practices and rebalancing international trade relationships.
S&P 500 Posts Worst Quarter Since 2022 Amid Tariff Fears
The S&P 500 dropped 4.6% in Q1 2025 – its worst performance since 2022 – amid fears of new tariffs from President Trump, while global markets and several high-profile political and economic developments added to the uncertainty.
Global Markets Brace for Trump's Impending Tariff Announcement
Global markets are on edge awaiting President Trump's tariff announcement on April 2, with investors fearing aggressive measures that could exacerbate economic uncertainty and risks of stagflation.
Hedge Funds Rapidly Scale Back Tech Stocks Amid Tariff Concerns
Hedge funds have rapidly divested from tech stocks amid tariff deadline fears, marking the fastest sell-off in six months and targeting key players like Nvidia, AMD, and Tesla.