33. Weekly Market Recap: Key Movements & Insights
🚗 Auto Tariffs Hit the Gas, Markets Hit the Brakes! 🛑
Market Momentum Wavers Amid Tariff Concerns and Inflation Worries
Stocks experienced a volatile trading week, initially building on previous momentum before succumbing to renewed pressures. The S&P 500 started strong with a robust 1.8% gain on Monday, as investors responded positively to speculation about potentially softer tariff implementations. However, the optimism proved short-lived as policy developments and inflation concerns took center stage later in the week.
White House Policy Shifts Markets
Thursday brought significant market turbulence following the White House's unexpected announcement of 25% tariffs on all foreign-made automobiles. The news, which came a week ahead of schedule, sent automotive stocks tumbling. The situation was further complicated by the inclusion of car parts in the tariff framework, a move that caught many industry observers off guard. Friday saw additional pressure as inflation worries resurfaced, contributing to a nearly 2% market decline and bringing …
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