Stocks Purr, Tariffs Roar
Source: SeekingAlpha
2025-04-02 22:50:00 ET
Summary
- Stocks crept higher today. Three straight intraday rebounds nearly erased Friday’s 2% S&P spanking.
- Trump signed an executive order imposing 10% levies on all trading partners, and double-digit “reciprocal” ones on dozens of other countries deemed dastardly or insufficiently deferential.
- To inaugurate the return to riches, S&P 500 futures slid 2%, erasing the three-day rebound that erased Friday’s sell-off.
Stocks crept higher today, looking like a house cat cautiously emerging after the vacuum cleaner has been stowed. Three straight intraday rebounds nearly erased Friday’s 2% S&P spanking....
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Stocks Purr, Tariffs Roar
Vanguard Short-Term Government Bond ETF
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