As market tensions rise, the major U.S. stock indices are experiencing declines with the Nasdaq Composite down 1.2% and the Dow Jones Industrial Average dropping over 200 points. Concerns stem from the Federal Reserve's upcoming interest rate decisions and uncertainties surrounding trade deals. Additionally, Ford Motor Company revealed its quarterly results, highlighting significant profit losses related to tariff impacts, estimating a $1.5 billion profit cut by 2025. Amidst these developments, many sectors, especially energy, are showing declines, reflecting widespread market anxiety.
The selling is spilling into today's session amid market jitters as the Federal Reserve kicks off its two-day bonanza on interest rates and the markets await greater clarity on trade deals.
Ford confirmed tariff-related fears when it reported its Q1 results, warning it expects tariffs to cut into its profits by $1.5 billion in 2025.
Collection
[
|
...
]