SPDR S&P 500 ETF Trust (SPY)

Wall Street traded lower on the final session of the month, heading for its third consecutive monthly loss as economic data began reflecting the impact of Trump tariffs.

On Jan. 20, 2025, Donald Trump was sworn in as the 47th president of the U.S., an event watched by millions of people on television and highly anticipated by investors.

A contraction in the U.S. first-quarter GDP, which dragged benchmark indices on Wednesday, also appears to have weighed on Nike shares.

Most economists agree that first-quarter GDP was "clouded" by a rush of imports as businesses increased inventories ahead of the implementation of Trump's tariff policies. However, risks to the outlook are increasing.

Trump distances himself from stock market, blames former President Biden for downturn and promises a future boom due to his economic plans.

Core PCE, which excludes food and energy, also remained unchanged in March compared to the previous month but increased 2.6% from one year ago.

Energy sector, led by XLE, is down 11.47% in a month due to Trump's tariffs and falling oil prices. Chevron, Halliburton, Occidental hit hard.

The first-quarter GDP contracted at an annual rate of 0.3%, marking the first quarter of negative growth since Q1 2022.

The U.S. economy contracted unexpectedly in Q1 of 2025 due to Trump's trade tariffs. Eurozone GDP surprised with 0.4% growth, while U.S. added only 80,000 private jobs in April.

Sales declined 10% year-over-year to $14.2 billion, falling short of a Wall Street estimate of $14.58 billion.

US markets closed higher as strong earnings, trade developments, and recession concerns were weighed. DJIA up 0.75%, S&P 500 up 0.58%, Nasdaq up 0.55%.

U.S. stock futures are down Wednesday morning, despite major averages ending up on Tuesday, and the S&P 500 and Dow Jones notching their sixth-straight day in the green, the longest streak for the indexes in months.

As market volatility rises amid tariff concerns and retirement account withdrawals hit record highs, CNBC's Jim Cramer advocates for greater political consideration of investor interests, challenging the notion that stock market participants are exclusively wealthy elites.

Analysts say McDonald's business has gained in recent months due to value meals and new menu items.

The e-commerce giant faced political heat when a news report on Tuesday said it was considering the move.

Amazon finds itself in a catch-22 position, where it has to either absorb higher costs from tariffs, which will hurt margins, or hike prices on its platform and risk losing market share.

He also agreed that the 145% tariffs on Chinese imports were equivalent to a near-embargo.

Powell, appointed as Fed chair by Trump during his first term, fell out of favor with the president after stating he would wait for more clarity on the effects of the administration's broad tariffs before adjusting interest rates.

Notwithstanding the resurgence seen since last week, the market is likely to end April with a monthly loss, with the S&P 500 down 0.90% with a session to go.

Second-quarter revenue and profit missed expectations, and shares fell over 6%.

TSMC is manufacturing in the U.S. because of Trump's tariffs, Lutnick insists, even though the company benefitted from Biden-era planning.

Analysts have caution on Microsoft's guidance ahead of Q3 results. Will cloud and AI growth outshine cautious expectations?

Historically, markets deliver weaker and more volatile returns during the May through October timeframe than any other time of the year.

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Wall Street modestly up as investors await economic data and corporate earnings. Bond market continues rally, gold and oil prices fall.Wall Street rises modestly, bond market continues rally, gold and oil prices fall as investors await economic data and corporate earnings.