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The S&P 500 is flirting with dreaded bear market territory as Trump tariffs drive global market meltdown

Fortune LogoFortune14h ago

The S&P 500 is flirting with dreaded bear market territory as Trump tariffs drive global market meltdown - Fortune

Quick Summary:

U.S.stocks are swinging Monday following a manic morning where indexes plunged, soared and then sank again.

Given the large number of countries involved, “it will take a considerable amount of time in our view to work through the various negotiations that are likely to happen.“Ultimately, our take is market uncertainly and volatility are likely to persist for some time,” he said.

Trump has given several reasons for his stiff tariffs, including to bring manufacturing jobs back to the United States, which is a process that could take years.


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Article Details

Author / Journalist: Stan Choe, Elaine Kurtenbach, David McHugh, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 16:11:01 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 913 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 229 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27667002

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 82 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #95

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