Where are the trade agreements?
The S&P 500 has now lost 2.5 trillion US dollars since its high on April 9 after the 90-day tariff break. Current level-3% drop.
While the markets are waiting for trade agreements, Japan has said today that it will "not simply give in further" in the US tariff talks.
TECHNOLOGY STOCKS TODAY:
1. tesla, $TSLA (+7,83 %) : -7%
2. nvidia, $NVDA (+6,94 %) : -6%
3. broadcom, $AVGO (+8,18 %) : -4%
4. meta, $META (+9,55 %) : -4%
5. amazon, $AMZN (+9,42 %) : -4%
6. Robinhood, $HOOD (+6,64 %) : -3 %
7. AMD, $AMD (+6,66 %) : -3 %
8. alphabet, $GOOG (+4,87 %) : -3 %
9. Microsoft, :, $MSFT (+3,79 %) -2%
10. palantir, $PLTR (+2,35 %) : -2%
The Nasdaq has officially re-entered bear market territory and is now 20% below its recent high.
You can't make this stuff up:
The S&P 500 has now lost $750 billion in market capitalization since Trump started calling Fed Chairman Powell "Mr. Too Late" this morning.
This will indeed be a dark red chart tomorrow when we get the data reconciliation here.
