U.S. stocks ended sharply lower as Nvidia warned of significant charges from new U.S. export restrictions, and Federal Reserve Chair Powell acknowledged slowing economic growth. The escalating trade war with China continues to weigh heavily on markets, with tariffs raising inflation fears and adding uncertainty to the economic outlook.
Tag: #EconomicGrowth
Daily Market Snapshot: April 07, 2025
The U.S. stock market closed lower on Monday as rising concerns about an economic slowdown, inflation, and President Trump’s firm stance on tariffs impacted investor sentiment. The Dow and S&P 500 both experienced a wild trading session, while Nvidia showed resilience amidst growing AI demand. Investors are now awaiting key economic data and signs of potential recession risks.