The S&P 500 closed higher on Monday, recovering from six-month lows, but the index still ended the first quarter down 5%, snapping its five-quarter winning streak.
\ud83d\udcc8 Major Index Performance (Monday’s Close):
Dow Jones: +431 points (+1%)
S&P 500: +0.5%
NASDAQ Composite: -0.2%
Investors remain cautious as President Donald Trump’s April 2 “liberation day” deadline for additional trade tariffs approaches.
White House Press Secretary Karoline Leavitt confirmed that upcoming tariffs will be country-based, rather than sector-based.
\ud83d\udccc Key Tariff Developments:
\u2714 A 25% tariff on all non-American cars takes effect April 2.
\u2714 Additional tariffs on commodities, semiconductors, and pharmaceuticals are expected.
\u2714 Markets fear higher inflation and slower U.S. economic growth due to rising import costs.
\ud83d\udd34 Goldman Sachs Outlook:
35% chance of a U.S. recession in the next 12 months.
Inflation is likely to stay above the Fed’s 2% target in 2025.
The U.S. labor market remains a critical focus, with several job-related data releases this week.
\ud83d\udcca Key Expectations for March’s Jobs Report (Friday Release):
139,000 new jobs added (vs. 151,000 in February)
Unemployment Rate: Expected to hold steady at 4.1%
\ud83d\udccc Other Economic Releases Before Friday:
\u2714 Private hiring data
\u2714 Job openings figures
\u2714 Manufacturing activity reports
\ud83d\udca1 Last week’s PCE inflation report—the Fed’s preferred inflation gauge—came in hotter than expected, raising concerns that the Fed may delay rate cuts.
\ud83d\udcc9 Tesla (NASDAQ: TSLA) – Q1 Deliveries in Focus
Tesla is set to release first-quarter deliveries data on April 2. Analysts expect a decline, citing:
\u2714 Weaker demand
\u2714 Protests at showrooms due to Elon Musk’s political controversies
\ud83d\udcc9 CoreWeave (NASDAQ: CRWV) – Falls Post-IPO
Nvidia-backed CoreWeave saw a 7% drop, continuing a weak performance after its Friday IPO.
\ud83d\udcc8 Mr. Cooper Group (NASDAQ: COOP) – Jumps on Buyout Deal
Shares soared 14% after Rocket Companies announced a $9.4 billion acquisition of the mortgage services firm.
\ud83d\udcc9 Vaccine Stocks Slide After FDA Shakeup
Shares of Novavax (NVAX), Taysha Gene Therapies (TSHA), and Solid Biosciences (SLDB) plunged after Peter Marks, a top vaccine official, resigned amid concerns over Trump’s federal health agency overhaul.
To stay updated on the latest market movements, check out these APIs:
Sector Historical API
Track historical sector performance to gauge trends amid tariff-related uncertainties.
Earnings Calendar API
Get insights into upcoming earnings reports, including Tesla’s Q1 delivery numbers.
With Trump’s tariff plans looming, economic uncertainty remains high. Investors are closely watching the jobs report, inflation trends, and corporate earnings for clues on market direction.
\ud83d\udd0e Investor Takeaway:
\u2714 Will tariffs trigger a market downturn, or will the economy hold strong?
\u2714 How will the Fed respond if inflation stays elevated?
\u2714 Are you prepared for potential volatility ahead?
