Wall Street Today | Nasdaq Sheds 2%+, S&P 500 and DJIA Sink Some 1.5% as Trump Confirms Tariffs
Nvidia Bulls Pile Onto Options, Undeterred by Stock Sell-Off: Options Chatter
"Are the major bulls turning against? Goldman Sachs chief warns: The USA economy is weak, and the US stock market will struggle to rise in the short term."
Goldman Sachs strategists have downgraded their earnings forecast for US stocks for the year due to sluggish economic growth in the USA, with the S&P 500 Index facing upward resistance, making it difficult to sustain even a short-term rebound; concerns over the overvaluation of Technology giants and the "America First policy" exacerbating inflation have led to poor performance of US stocks this year, with the S&P 500 Index down 0.54% year-to-date, underperforming globally.
Trader’s Edge (4 Mar 2025) - Wall Street Slump Amid Escalating Trade War Tensions; KPJ Soared on Highest Quarterly Earnings
March opened with a downturn! Wall Street is completely panicked: will there be three interest rate cuts this year?
① A sell-off tsunami has flooded the U.S. stock market, with a rush of safe-haven investments pouring into U.S. Treasuries; ② For Wall Street traders, although it is only the first trading day of March, they seem to have been 'dazed' by a fierce wave of stock market sell-offs...
Trump Pauses All Military Aid to Ukraine in Major Blow to the Alliance
