Stock market rout as Dow, S&P, Nasdaq hit by tariff fears

Two days of market carnage concluded one of the most volatile weeks for US actions since 2020, the height of Covid, while the tariffs and reprisals of the United States scared global investors.

The S&P 500 slid more deeply into the correction territory, falling 5.9% on Friday. A similar pattern for the industrial average Dow Jones, which lost 2,231 points or 5.5%. And the Nasdaq compound entered a bearish market, out of 20% since its maximum of December, falling 5.8% to end the week.

Nasdaq Composite falls on the Bear market

Treasury yield to 10 years: 4.008%

Investors transferred money to the safety of government bonds, promoting 10 -year treasure performance, having 4% on Friday night. While the 2 -year treasure was around 3.5%.

President Trump, on Wednesday, fulfilled his promise to most of us commercial partners with tariffs. Together with the usual suspects, including China and the European Union, other nations such as Japan, Vietnam and Taiwan were also rapped, among many others. The early morning of Friday, China retreated with 34% of tariffs, while speculation increased that other countries can do the same.

“The highest tariffs will make their way through our economy and they are likely to increase inflation in the next quarters,” said the president of the Federal Reserve, Jerome Powell, during the comments on Friday. Before Powell’s comments, JPMorgan increased the risk of a recession this year to 60%.

JPMorgan marks the risk of recession for us

Trump, separately, asked Powell to reduce interest rates.

“This would be a perfect time for the president of the FED, Jerome Powell, to reduce interest rates. It is always” late “, but now he could change his image, and quickly. Energy prices have dropped, interest rates have decreased, inflation has decreased, even eggs have dropped 69%and jobs are up, all within two months, a great victory for the United States. They stop playing policies! ” He wrote in Truth Social.

The technical names of Marquesina, including Nvidia, Apple, Amazon and Palantir, fell sharply on Friday. Despite volatility, some investors see the sale of the sale as an opportunity.

“You can think like a shark or you can think like a little fish and if you think like a fish you are going to rinse every time. If you think like a shark and want to look for the best companies in the world at the worst possible time that is the way to profits,” said Keith Fitzgerald, Directal, Grupo Fitz -Gerd, without making Apple and Tesla as top picks.

Energy actions lost more than 8% on Friday, led by Schulmberger, Exxonmobil and Chevron. The intermediate crude west Texas lost more than 10% during the week, closing just below $ 62 per barrel.

Gold: Is it time to buy, sell or maintain?

Gold, a traditional safe shelter, also took a hair cut of 2.4% for the week, setting at $ 3,012 on an ounce after reaching a historical maximum of $ 3,139.90 on Wednesday.

In the cryptocurrency, Bitcoin fell to the level of $ 83,000.