37. Weekly Market Recap: Key Movements & Insights
Wall Street’s Wild Week: Tariffs, Tech Giants, and Consumer Jitters 🏦📰
Markets Rally as Tariff Uncertainty and Big Tech Earnings Take Center Stage
This past week, the stock market staged a dramatic comeback, with a robust rally erasing Monday’s steep losses from Tuesday onward. Investors navigated a landscape shaped by shifting tariff rhetoric, major earnings reports, and a sharp drop in consumer sentiment. As the new week approaches, all eyes are on further tariff developments, a packed earnings calendar featuring several Mag 7 giants, and a slew of key economic data releases.
Tariff Talk Fuels Market Swings
Tariff headlines once again dominated market sentiment. Monday saw stocks tumble as renewed trade tensions sent investors scrambling for safety. However, Tuesday's softer tone from the Trump administration sparked a bullish reversal that carried through the week. The S&P 500 surged more than 5%, buoyed not only by easing trade anxieties but also by a significant drop in oil prices—WTI crude fell to just over $63 per barrel, down sharply from early Apri…
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