[Chart courtesy of MarketWatch.com] An early bounce quickly faded, leading equities to slip into the red on the last trading day of the week. The S&P 500 was the exception, managing to eke out a fractional gain. The Dow suffered the most, primarily due to United Health (UNH) plummeting by 22% at one point after missing earnings expectations. Chipmaker Nvidia …
Gold Shines Amid Market Turmoil, Hits Record High
[Chart courtesy of MarketWatch.com] Nvidia impacted the global tech market this morning by announcing a $5.5 billion quarterly charge related to its graphics processing units sold to China and other nations. The stock dropped approximately 7% on the news, losing $270 billion in market cap. Other chipmakers followed suit, moving lower. Big tech also felt the pressure, with the Mag7 …
SmallCaps Hit Record Lows Relative To Nasdaq; S&P 500 Holds Steady
[Chart courtesy of MarketWatch.com] The major indexes cautiously advanced early on as traders analyzed the latest earnings reports and enjoyed a decline in market volatility, indicated by a drop in the VIX. Yesterday, tech stocks received a boost following revelations of exemptions from reciprocal tariffs for electronic products such as smartphones, computers, and semiconductors. Even though later clarifications suggested these …
S&P 500 Triggers ‘Death Cross’ Despite Positive Close
[Chart courtesy of MarketWatch.com] Positive news on tariffs boosted the markets early on, as Trump’s unexpected tariff exemption for tech devices lifted equities alongside lower bond yields. Smartphones, computers, and components like semiconductors were excluded from the new reciprocal levies, according to guidance issued last Friday. Tech giants such as Apple, Nvidia, Intel, and Dell saw significant gains, with the …
ETF Tracker Newsletter For April 11, 2025
ETF Tracker StatSheet You can view the latest version here. GOLD SHINES AS EQUITIES SWING AND INFLATION HITS RECORD HIGHS [Chart courtesy of MarketWatch.com] The stock market experienced another volatile opening, with equities swinging sharply due to worse-than-expected consumer sentiment for April. The index dropped from March’s 57.0 to 50.8, significantly below the expected 54.6. Inflation concerns surged, rising …
Markets Slide Despite Tariff Pauses; Gold Hits Record High
[Chart courtesy of MarketWatch.com] Equities resumed their downward trend after yesterday’s historic rebound, which was triggered by Trump’s 90-day pause on some reciprocal tariffs. The EU followed suit by announcing a similar pause on U.S. goods. Despite this, a 125% tariff rate on goods from China remains, with Trump expressing optimism that “a very good deal” can still be achieved. …