{"id":49220,"date":"2025-04-11T03:28:49","date_gmt":"2025-04-11T08:28:49","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/"},"modified":"2025-04-11T03:28:49","modified_gmt":"2025-04-11T08:28:49","slug":"stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/","title":{"rendered":"Stock Market Today: Volatility Persists Amid Tariff Concerns and Bank Earnings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Market_Overview_Major_Indexes_Struggle_After_Rollercoaster_Week\" >Market Overview: Major Indexes Struggle After Rollercoaster Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Trade_War_Tensions_Continue_to_Rattle_Markets\" >Trade War Tensions Continue to Rattle Markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Bank_Earnings_in_Focus_as_Q1_Reporting_Season_Begins\" >Bank Earnings in Focus as Q1 Reporting Season Begins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Tech_Stocks_Under_Pressure\" >Tech Stocks Under Pressure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Economic_Data_and_Market_Outlook\" >Economic Data and Market Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Safe_Havens_Gain_as_Uncertainty_Persists\" >Safe Havens Gain as Uncertainty Persists<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-today-volatility-persists-amid-tariff-concerns-and-bank-earnings\/49220\/#Looking_Forward_Market_Sentiment_and_Recession_Concerns\" >Looking Forward: Market Sentiment and Recession Concerns<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Overview_Major_Indexes_Struggle_After_Rollercoaster_Week\"><\/span>Market Overview: Major Indexes Struggle After Rollercoaster Week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market continues to experience significant volatility on Friday, April 11, 2025, as investors digest the ongoing trade war concerns and await major bank earnings. After Thursday&#8217;s sharp decline, which saw the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average tumble 1,015 points (2.5%), the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> fall 3.46%, and the Nasdaq Composite slide 4.31%, futures are pointing to a modest recovery this morning.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>As of early trading, Dow futures are up approximately 200 points (0.49%), S&#038;P 500 futures have added 0.65%, and Nasdaq 100 futures have risen 0.75%, suggesting a cautious rebound after yesterday&#8217;s selloff.<cscitation citation_id=\"task_2__2\"><\/cscitation> Despite this morning&#8217;s gains, the major indexes remain well below their recent highs, with the S&#038;P 500 down 10.65% since the beginning of 2025.<cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trade_War_Tensions_Continue_to_Rattle_Markets\"><\/span>Trade War Tensions Continue to Rattle Markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The primary driver of market volatility remains President Trump&#8217;s tariff policies. While Trump temporarily rescinded his &#8220;reciprocal&#8221; tariffs for 90 days earlier this week, leading to Wednesday&#8217;s historic rally, the White House clarified that China tariffs would be set at a massive 145%, higher than the previously announced 125%.<cscitation citation_id=\"task_1__1\"><\/cscitation> This clarification triggered Thursday&#8217;s selloff as investors reassessed the economic impact.<\/p>\n<p>Currently, the following tariffs remain in place:<br \/>&#8211; 145% duty on all goods from China<br \/>&#8211; 25% tariffs targeting aluminum, autos, and goods from Canada and Mexico not under the USMCA<br \/>&#8211; 10% levy on all other imports<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p><b>The European Union has announced it will use the 90-day pause in US tariffs to find an alternative solution with President Trump, describing the hiatus as a &#8220;window of opportunity.&#8221;<\/b><cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bank_Earnings_in_Focus_as_Q1_Reporting_Season_Begins\"><\/span>Bank Earnings in Focus as Q1 Reporting Season Begins<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Today marks the official start of first-quarter earnings season, with several major financial institutions reporting before the opening bell. Investors are closely watching these reports for insights into the health of the US economy amid trade tensions and recession concerns.<\/p>\n<p>Key financial companies reporting today include:<br \/>&#8211; JPMorgan Chase (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=JPM\">JPM<\/a>), expected to report earnings per share of $4.62<br \/>&#8211; Wells Fargo (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=WFC\">WFC<\/a>), with projected EPS of $1.23<br \/>&#8211; Morgan Stanley (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MS\">MS<\/a>), anticipated to post EPS of $2.23<br \/>&#8211; BlackRock (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BLK\">BLK<\/a>), expected to report EPS of $10.43<br \/>&#8211; Bank of New York Mellon (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=BK\">BK<\/a>), with forecast EPS of $1.49<cscitation citation_id=\"task_2__1\"><\/cscitation><\/p>\n<p>These earnings reports will provide valuable insights into consumer spending, loan demand, and overall economic activity in the first quarter of 2025.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Stocks_Under_Pressure\"><\/span>Tech Stocks Under Pressure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Technology stocks, particularly the &#8220;Magnificent Seven,&#8221; have been hit hard by the recent market turbulence. After briefly rallying earlier in the week, tech giants resumed their decline on Thursday:<\/p>\n<p>&#8211; Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>) fell 5.91% to $107.57<br \/>&#8211; Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>) dropped 7.27% to $252.40<br \/>&#8211; Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>) declined 4.24%<br \/>&#8211; Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>) lost 2.34%<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>Despite the recent selloff, some fund managers see potential in these tech giants as safe havens during market turmoil. Raghavendran Sivaraman, co-manager of the Columbia Integrated Large Cap Growth Fund, notes that companies like Nvidia have &#8220;a decent amount of cash on their balance sheet, which allows them to be less susceptible to any sudden drops in demand.&#8221;<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Economic_Data_and_Market_Outlook\"><\/span>Economic Data and Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors are also digesting recent economic data, including Thursday&#8217;s inflation report showing that inflation in the US slowed sharply in March. However, the market&#8217;s focus remains firmly on tariffs and the economic outlook.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>Looking ahead, today will bring the release of the March producer price index report and the preliminary University of Michigan consumer sentiment data for April, which could provide further clues about the economic impact of recent trade tensions.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Safe_Havens_Gain_as_Uncertainty_Persists\"><\/span>Safe Havens Gain as Uncertainty Persists<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As market volatility continues, traditional safe-haven assets are benefiting:<\/p>\n<p>&#8211; <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold prices<\/a> hit a fresh record high above $3,170 per troy ounce on Thursday and continued climbing to $3,212 an ounce in early Friday trading<br \/>&#8211; The US dollar index tumbled 1.7% on Thursday, hitting its lowest level since early October<br \/>&#8211; The euro hit a three-year high against the dollar<cscitation citation_id=\"task_1__1\"><\/cscitation><cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Forward_Market_Sentiment_and_Recession_Concerns\"><\/span>Looking Forward: Market Sentiment and Recession Concerns<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite this week&#8217;s volatility, the major indexes are on pace for solid weekly gains. The S&#038;P 500 is tracking toward a 3.8% advance for the week, its best weekly performance since November. The Nasdaq is on track to gain 5.1%, while the Dow is headed for a 3.3% jump week-to-date.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>However, recession concerns persist. Goldman Sachs said Wednesday that recession chances in the United States were still around 50%, while JPMorgan maintained its forecast of a 60% chance of a US and global recession despite Trump&#8217;s decision to unwind some tariffs.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>As we move forward, market participants will be closely monitoring trade negotiations, corporate earnings, and economic data for signs of whether the economy can avoid a recession despite the ongoing trade tensions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Major Indexes Struggle After Rollercoaster Week The stock market continues to experience significant volatility on Friday, April 11, 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