Top Stocks and Crypto: April 2025 Update
As of April 6, 2025, the U.S. stock market continues to crash. Stocks are cratering after tariffs. Here's what's next for markets. According to Business Insider : Investors have made their opinion clear: They hate the trade war . Stocks suffered their worst single-day loss in five years on Thursday. The S&P 500 dropped nearly 5%, the Dow lost 1,679 points, and the Nasdaq composite plunged 6%. Goldman Sachs said earlier this year that for every 5-percentage-point increase in the tariff rate, investors could expect S&P 500 earnings to fall by 1% to 2%. After Trump's Rose Garden address, the US tariff rate stood at about 20%. Goldman Sachs said earlier this year that for every 5-percentage-point increase in the tariff rate, investors could expect S&P 500 earnings to fall by 1% to 2%. After Trump's Rose Garden address, the US tariff rate stood at about 20%. "Protectionism feels good, but it's expensive," Michael Farr, the CEO and founder of the ...