{"id":49404,"date":"2025-05-06T03:02:02","date_gmt":"2025-05-06T08:02:02","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/"},"modified":"2025-05-06T03:02:02","modified_gmt":"2025-05-06T08:02:02","slug":"market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/","title":{"rendered":"Market Watch: Stocks Retreat as Fed Meeting Looms and Tariff Concerns Resurface"},"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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Major_Indexes_Pull_Back_After_Historic_Winning_Streak\" >Major Indexes Pull Back After Historic Winning Streak<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Tariff_Concerns_Weigh_on_Market_Sentiment\" >Tariff Concerns Weigh on Market Sentiment<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#All_Eyes_on_the_Federal_Reserve\" >All Eyes on the Federal Reserve<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Major_Earnings_Reports_to_Watch_Today\" >Major Earnings Reports to Watch Today<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Notable_Stock_Movements\" >Notable Stock Movements<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Looking_Ahead_Key_Events_This_Week\" >Looking Ahead: Key Events This Week<\/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\/market-watch-stocks-retreat-as-fed-meeting-looms-and-tariff-concerns-resurface\/49404\/#Market_Outlook\" >Market Outlook<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Major_Indexes_Pull_Back_After_Historic_Winning_Streak\"><\/span>Major Indexes Pull Back After Historic Winning Streak<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The stock market is showing signs of caution on Tuesday, May 6, 2025, as investors digest recent comments from President Trump regarding tariffs and await the Federal Reserve&#8217;s upcoming policy decision. After a remarkable run that saw the <a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a> mark its longest winning streak in 20 years, major indexes have pulled back as trade tensions resurface.<\/p>\n<p>As of the latest trading session, futures attached to the <a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average slipped 0.2%, while the benchmark S&#038;P 500 traded 0.4% lower. The tech-heavy Nasdaq Composite futures sank 0.6%, reflecting heightened concerns in the technology sector.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tariff_Concerns_Weigh_on_Market_Sentiment\"><\/span>Tariff Concerns Weigh on Market Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>President Trump&#8217;s recent comments have dampened hopes of tariff relief, adding to Wall Street&#8217;s uncertainty. The President stated he plans to impose a 100% tariff on movies produced outside the US and indicated he has no plans to discuss trade with Chinese President Xi Jinping this week.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>These trade tensions have already impacted major companies. Ford Motor Co. (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=F\">F<\/a>) pulled its 2025 guidance citing trade uncertainties and projected a $1.5 billion hit from the president&#8217;s auto duties. The automaker&#8217;s shares fell in after-hours trading despite reporting strong earnings.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"All_Eyes_on_the_Federal_Reserve\"><\/span>All Eyes on the Federal Reserve<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>The Federal Reserve&#8217;s two-day policy meeting begins today<\/b>, with the decision on interest rates expected tomorrow. While the central bank is widely anticipated to keep rates unchanged at the current range of 4.25% to 4.5%, investors will be closely monitoring Fed Chair Jerome Powell&#8217;s comments for clues about future monetary policy.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>According to Jeremy Siegel, emeritus professor of finance at the Wharton School, &#8220;Powell is not going to do anything,&#8221; echoing the market consensus. Traders are pricing in an almost 98% chance of the central bank leaving interest rates untouched.<cscitation citation_id=\"task_3__3\"><\/cscitation><\/p>\n<p>The Fed&#8217;s cautious stance stems from concerns that tariffs could induce inflation, putting the central bank in a challenging position. If it cuts rates too soon, inflation could resurge, but waiting too long risks pushing the economy into recession.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Major_Earnings_Reports_to_Watch_Today\"><\/span>Major Earnings Reports to Watch Today<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several significant companies are scheduled to report their quarterly results today, including:<\/p>\n<p>&#8211; Advanced Micro Devices (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMD\">AMD<\/a>): The chipmaker&#8217;s earnings will provide insights into the semiconductor sector and AI-related demand.<br \/>&#8211; Super Micro Computer (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SMCI\">SMCI<\/a>): After releasing preliminary results showing revenue between $4.5 billion and $4.6 billion (below previous guidance of $5.0-$6.0 billion), investors await the full earnings report during today&#8217;s conference call at 5:00 p.m. ET.<cscitation citation_id=\"task_2__1\"><\/cscitation><br \/>&#8211; Rivian (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=RIVN\">RIVN<\/a>): The electric vehicle manufacturer&#8217;s results will be closely watched for production updates and guidance amid challenging market conditions.<cscitation citation_id=\"task_2__2\"><\/cscitation><br \/>&#8211; Archer Daniels Midland (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=ADM\">ADM<\/a>): The agricultural processing company&#8217;s earnings will provide insights into global food supply chains and commodity markets.<br \/>&#8211; Devon Energy (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=DVN\">DVN<\/a>): This oil and gas producer&#8217;s results could reflect the impact of energy price fluctuations and global demand patterns.<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Notable_Stock_Movements\"><\/span>Notable Stock Movements<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Palantir Technologies (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PLTR\">PLTR<\/a>) stock dropped 9.2% in after-hours trading following earnings reports that failed to meet Wall Street&#8217;s high expectations.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>European stocks opened slightly higher on Tuesday as investors monitored corporate earnings and shifting US trade policies. The pan-European Stoxx Europe 600 index traded 0.1% higher shortly after the opening bell.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>In the commodities market, <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> extended gains following a surge of almost 3% on Monday, rising as much as 1.6% to above $3,387 an ounce as China returned from a five-day holiday break.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Looking_Ahead_Key_Events_This_Week\"><\/span>Looking Ahead: Key Events This Week<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The remainder of the week features several high-profile earnings reports that could significantly impact market sentiment:<\/p>\n<p>&#8211; Wednesday, May 7: Disney (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=DIS\">DIS<\/a>), Uber (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=UBER\">UBER<\/a>), Novo Nordisk (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVO\">NVO<\/a>), Unity (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=U\">U<\/a>), Barrick Gold (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOLD\">GOLD<\/a>), Occidental Petroleum (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=OXY\">OXY<\/a>), and AMC Entertainment (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AMC\">AMC<\/a>).<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<p>&#8211; Thursday, May 8: Shopify (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=SHOP\">SHOP<\/a>), ConocoPhillips (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=COP\">COP<\/a>), Peloton (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PTON\">PTON<\/a>), Coinbase (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=COIN\">COIN<\/a>), DraftKings (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=DKNG\">DKNG<\/a>), Pinterest (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=PINS\">PINS<\/a>), and Cloudflare (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NET\">NET<\/a>).<cscitation citation_id=\"task_2__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Outlook\"><\/span>Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we navigate through this week&#8217;s trading sessions, investors should remain vigilant about several key factors that could influence market direction:<\/p>\n<p>1. Federal Reserve commentary on inflation, economic growth, and future rate decisions<br \/>2. Developments in US-China trade relations and potential new tariff announcements<br \/>3. Corporate earnings reports and their implications for sector-specific performance<br \/>4. Global currency movements, particularly the Taiwanese Dollar, which has appreciated 10% in just two sessions<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>While the market has shown remarkable resilience in recent weeks, the combination of trade uncertainties, potential monetary policy shifts, and varying corporate performance suggests investors should prepare for increased volatility in the near term.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major Indexes Pull Back After Historic Winning Streak The stock market is showing signs of caution on Tuesday, May 6, 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