The rebound in U.S. stocks since Trump suspended tariffs is rapidly giving up, and another 5% decline will reassess April lows
2025-04-21 19:13:48
ADAM BUTTON, ANALYST, FOREXLIVE, FINANCIAL WEBSITE: U.S. stocks got off to a bad start this week. In the ongoing sell-off, the U.S. stock market continued to decline. The S & P 500 index fell 3.3%, and there was little rebound today. Zooming in on the daily chart, the rebound since Trump suspended reciprocal tariffs (April 9, US time) is quickly fading, and another 5% decline would reassess the April low. I wouldn't want to be the company reporting this week, with Tesla's Google being the most talked about, but there are also many companies whose earnings reports can provide some economic insight.
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