Rout on the stock market like Dow, S&P, Nasdaq Hit Tariff Sears

Two days of the market massacre completed one of the most flying weeks for American stocks since 2020Covid height as US tariffs and retaliation combines with global investors.

The S&P 500 slipped deeper into the corrective territory, falling 5.9% on Friday. A similar picture for Dow Jones Industrial Medium, which lost 2231 points or 5.5%. And the Nasdaq Composite came out on the bear market, leaving 20% ​​from the December height, declined by 5.8% to complete the week.

Nasdaq Composite gets into the bear market

10-year Treasury: 4.008%

Investors have moved the security of government bonds, pushing the 10-year treasury yield, holding 4% at the end of Friday. While the 2-year Treasury was 3.5%.

President Trump on Wednesday made a good promise by striking most American trades with tariffs. Together with the usual suspects, including China and the European Union, other countries such as Japan, Vietnam and Taiwan, they also got into many others. At the beginning of Friday, China shot 34% of tariffs, while speculation rose other countries.

“Higher tariffs will go through our economy and most likely increase inflation in the arrivals” Chairman of the Federal Reserve Jerome Powell During the comments on Friday. Before Powell’s comments, JPMorgan raised the risk of recession to 60%this year.

JPMORGAN is gaining risk of recession for us

Trump, separately, urged Powell to reduce interest rates.

“It would be the perfect time for the chairman of the Fed Jerome Powell to reduce interest rates. It is always” late “, but now it can change its image, and quickly. The energy price is decreasing, interest rates are reduced, inflation is reduced, even eggs are reduced by 69%, and jobs are increasing, all over the two months – a great victory for America. Politics! ” He wrote about social truth.

Marquee Tech names, including Nvidia, Apple, Amazon and Palantir, fell sharply on Friday. Despite their volatility, some investors see sale as an opportunity.

“You can think like a shark, or you can think like min, and if you think you’ll clean every time. If you think as a shark and you want to go hunting the best world companies at the worst time, which is the way to profit,” said Keith Fitzgerald, Director, Phitz-Johrost Group, as well as apple and Tesla.

On Friday, energy reserves lost more than 8% led by Schulmberger, ExxonMobil and Chevron. Western Texas intermediate raw raw materials lost more than 10% a week, closing just below $ 62 a barrel.

Gold: Time to buy, sell or contain?

A gold, traditional safe shelter, also took 2.4% haircut per week, settling $ 3012 per ounce after reaching a maximum of $ 3139.90.

In cryptocurrency, bitcoin hesitated at $ 83,000.