1. The S&P 500 index posted a weekly loss of over 3%, its worst performance since early September 2024, due to tariff uncertainties and mixed economic data. 2. The trade deficit hit a record high due to a surge in imports before the implementation of tariffs. 3. The February nonfarm payrolls report showed less-than-expected job growth, impacted by Trump and Musk's push for efficiency. 4. The Federal Reserve Chair Jerome Powell reassured that the U.S. economy is still in a good place. 5. The S&P 500 slipped -3.1%, the tech-heavy Nasdaq Composite slumped -3.5%, and the Dow fell -2.4% for the week.
Related Articles
- Semiconductor CapEx Down in 2024 up in 20252 months ago
- Wall Street Week Ahead2 months ago
- Alpha Picks Weekly Market Recap2 months ago
- What Moved Markets This Week2 months ago
- Wall Street Breakfast Podcast: More Trump Tariffs2 months ago
- China's Domestic 5nm Chips Enter Mass Production Countdown!2 months ago
- EC throws down gauntlet to US2 months ago
- Tech giants call Trump tariffs 'big headache' — Foxconn CEO teases increased production in US3 months ago
- Week Ahead: U.S. Growth Worries And Europe's Fiscal Initiative Weaken American Exceptionalism's Bull Case3 months ago
- Chips Act a “horrible, horrible thing”, says Trump3 months ago