President Donald Trump on Wednesday announced a new set of tariffs that sent global markets tumbling. We’ll use options to hedge further market turmoil. It is true that the United States currently faces asymmetric tariffs and trade policies, which have contributed to a significant trade deficit. Establishing fair trade practices and tariffs is essential. However, supply chains cannot pivot on a dime. Reestablishing domestic manufacturing capabilities is a lengthy and costly process, so market participants likely anticipated that the administration would seek to renegotiate in a manner that provides more runway for businesses to adjust. But that’s not what happened.…
Author: usaeverydaylife
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyMandy Xu, Cboe Global Markets head of derivatives markets intelligence, joins ‘Fast Money’ to talk volatility in the market.04:2520 minutes ago Source link
A trader works on the floor at the New York Stock Exchange on April 3, 2025.Brendan McDermid | ReutersDow Jones Industrial Average futures slid Thursday night after President Donald Trump’s tariff plan triggered the biggest slide in U.S. equities in five years.Futures tied to the blue-chip index lost 91 points, or 0.2%, after the 30-stock average tumbled more than 1,600 points in the prior session. S&P 500 futures shed 0.2%, while Nasdaq 100 futures inched 0.1% lower.Thursday night’s action follows the worst day since 2020 for each of the three major indexes. The Dow and S&P 500 dropped roughly 4%…
Mike Santoli and I broke down the stock market internals that occurred during the nearly 5% rout in the S & P 500 Thursday, trying to determine whether we are seeing the kind of panic that typically occurs around market bottoms. CNBC Pro subscribers can watch the PRO videocast above for instant analysis on Thursday’s market plunge. Santoli and I also discuss: How to read the CBOE Volatility index , otherwise known as Wall Street’s “fear gauge” How investors are still holding onto a belief that these tariff rates will be negotiated down by Trump What the market is saying…
Investors have few places to hide in Thursday’s big sell-off, but if they’re careful they may be able to spot some safe opportunities for portfolio income. The rollout of President Donald Trump’s tariffs , which includes 20% rates on the European Union and a 46% duty on Vietnam, sent stocks into a tailspin . The Dow Jones Industrial Average tanked more than 1,600 points, while the S & P 500 dropped 4.8%. Both indexes posted their worst day since 2020. Advisors are unanimous, however, that now isn’t the time for investors to dump stocks and head for the hills .…
A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange, March 1, 2018.Eduardo Munoz Alvarez / Getty ImagesThe Magnificent Seven stocks collectively lost more than $1 trillion in Thursday trading, a stunning milestone that underscores how President Donald Trump’s tariff rollout crippled financial markets.Taken together, the seven megacap technology stocks that comprise the closely followed index lost around $1.03 trillion in market cap, according to a CNBC analysis of Thursday’s session. As a whole, CNBC’s Magnificent Seven index tumbled more than 6% in the trading day.Technology stocks led a broad and…
President Trump announced what could be one of the most dramatic economic policy changes in decades on Wednesday, when he substituted America’s longstanding system of taxing imports with a new tariff system of his own devising.The president said the tariffs would reverse decades of unfair treatment by the rest of the world and result in factories and jobs moving back to the United States.“The markets are going to boom” and “the country is going to boom,” Mr. Trump said on Thursday, as global financial markets suffered their biggest rout in years. He added that other countries “have taken advantage of…
Key PointsThe leaders of corporate America think the tariff policies announced by President Donald Trump on Wednesday went too far and will hurt the U.S. economy, according to Altimeter Capital CEO Brad Gerstner.”I talked to probably 10 CEOs who are all in the Business Roundtable — these are CEOs of the largest companies in America — overnight, and [they all] think this is a huge mistake,” said Gerstner.Gerstner did not specify who exactly he spoke to, but the members of the Business Roundtable include the CEOs of the biggest companies from multiple industries, including firms such as Apple, Bank of…
Fintech is seen on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBCThe global market rout on Thursday, sparked by President Donald Trump’s announcement of widespread tariffs, had an outsized impact on fintech companies and credit card issuers that are closely tied to consumer spending and credit.Affirm, which offers buy now, pay later purchasing options, plunged 19%, while stock trading app Robinhood slid 10% and payments company PayPal fell 8%. American Express and Capital One each tumbled 10%, and Discover was down more than 8%.President Trump on Wednesday laid out the U.S. “reciprocal tariff” rates…
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesIn the past few years, Apple has sold Americans iPhones made in India, AirPods from Vietnam and Mac desktops assembled in Malaysia. It was part of a strategy by Apple to diversify its manufacturing from China. Apple employed the strategy as a hedge for its supply chain after the company dealt with tariffs by the first Trump administration, supply chain issues tied to…
