Stocks tumble and dollar hits three-year low as Trump bashes Powell again CNN Business

The aircraft are reportedly able to recharge quickly and are not terribly noisy, either. Warren Buffett became an investing legend with an emphasis on portfolio concentration. This can work for those who have the skills to focus on their best ideas. In fact, perhaps the best thing investors can do is to protect the downside.

Dow Jones Stocks List (by Dollar Volume)

Keeping focused on the long term is the right course of action, though it can seem like an impossible task these days. That’s because we live in a world with a 24/7 news cycle and access to free trading at our fingertips. This creates an environment where everything is mostly noise, with the firehose of information urging us to constantly want to take action.

• The breadth picture is only slightly better on the Nasdaq, where decliners outpace advancers by roughly 3-to-2, while morning volume was more active, at more than 27% of the past month’s average.
• Investors this week also rushed to sell off stocks after Fed Chair Jerome Powell on Wednesday warned that the Trump administration’s tariffs could drive up inflation.
• “We’re really thinking about this as a bit of an endless environment in terms of direction … and that’s in particular because we just don’t know where tariffs end up,” said Robert Haworth, senior investment strategist at U.S.
• If anything, tensions seemed to increase with China with the country warning other nations not to strike any deal with the U.S. that would hurt Beijing.
• And tech stocks bore the brunt of the selling after artificial intelligence (AI) chipmaker Nvidia (NVDA) late Tuesday said it will incur a $5.5 billion charge in its first-quarter results.

How much has the stock market fallen since Trump took office?

The stock has lost 36% year to date, but is up nearly 2% in premarket trading. The latest drop for the greenback comes after Friday’s criticism of Federal Reserve Chair Jerome Powell from President Donald Trump. Krishna Guha, vice chairman at Evercore ISI, said Monday on “Squawk Box,” said those comments by Trump could add more fuel to the trend of foreign investors pulling out of the U.S. Bank of America maintained its underperformed rating on Hertz following the news.

“We see this date looming as a potential overhang and expect volatility is likely to persist until then and perhaps intensify as the date approaches.” A heads-up for investors looking to trade on Friday that the stock markets will be closed in the United States in observance of Good Friday. President Donald Trump’s mass tariffs have sent the stock market tumbling in recent days and has sparked vocal concerns from economists and financial institutions over what will happen to America’s economy. But since the tariffs have come into play, more economists and market strategists have grown concerned about a potential recession — and banks are cyclical. An economic slowdown could lead to higher loan losses, less loan growth, and less investment banking activity, just to name a few of the consequences. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Like the Swiss Market Index (SMI), the Dow Jones is a price index. The shares included in it are weighted according to price; the index level represents the average of the shares included in it. “Tech tended to be the clear winner among sectors once bear market lows were established,” Barclays wrote.

• Fidelity National was the best performer in the index, advancing more than 3% in the session.
• The market on Monday was reacting negatively to Trump’s pressure on Fed Chair Powell and the lack of a trade deal announcement after the Trump administration met with officials from Japan last week, Stovall said.
• “The message from price action can be much more transparent than what you may read about in the financial press or see on television,” LPL said.
• The closure will give Wall Street a brief break after a turbulent week that saw the Dow plunge into the red Thursday, following UnitedHealth’s annual profit forecast.

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However, adopting this strategy can reduce risk, ensure you have exposure to a wide range of industries and end markets, and make the journey a lot easier to handle. We all want our portfolio balances to go up at a steady pace without interruption. It’s a bumpy road where patient and disciplined investors are rewarded, not those aiming to get rich quick. Most of the major banks will remain open on Good Friday, according to the Federal Reserve, which does not list the Christian holy day as a federal holiday. Powell also said that while the economy is “moving away” from the central bank’s dual mandates for price stability and full employment, the Fed is “well-positioned to wait for greater clarity” before making changes to current monetary policy.

“We’re really thinking about this as a bit of an endless environment in terms of direction … and that’s in particular because we just don’t know where tariffs end up,” said Robert Haworth, senior investment strategist at U.S. “This is a market trying to get clarity on direction, and not getting a lot of conclusions.” In a Truth Social post, Trump claimed that the economy would slow unless Powell — who he referred to as “Mr. Too Late, a major loser” — lowered interest rates immediately.

For context, this is the entire market cap of blue chip stock Verizon Communications (VZ, -2.0%). And tech stocks bore the brunt of the selling after artificial intelligence (AI) chipmaker Nvidia (NVDA) late Tuesday said it will incur a $5.5 billion charge in its first-quarter results. This was certainly not what market participants wanted to hear. At the close, the blue chip Dow Jones Industrial Average was down 1.7% at 39,669, the broader S&P 500 was off 2.2% to 5,275, and the tech-heavy Nasdaq Composite was 3.1% lower at 16,307.

Stock Market News for Apr 22, 2025

The 10 stocks that made the cut could produce monster returns in the coming years. While concentrating your money in a select group of businesses could in theory lead to substantial returns, it is a risky endeavor. So, you should avoid putting all your eggs in one basket. If not, there will undoubtedly be extreme levels of volatility that will be hard to stomach at times, which will test your willpower.

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Gold has crushed the S&P 500 this year, as risk assets and even traditional safe haven trades struggle against tariff fears.

The NYSE, along with all U.S. stock and bond markets, close on Good Friday Day 2025. This is a huge jump for the market after three days of falling, after Trump announced his tariffs. Monday was a bit of a rollercoaster day with the market opening low before a brief pop up as now withdrawn report of Trump giving a 90-day break in tariffs circulated. It took another dive when Trump threatened to levy an additional 50% tax on China. Bank of America (BAC 3.58%), the second-largest bank in the U.S. by assets, has been hit hard this year, with its stock down 16%.

Ackman believes Hertz “uniquely well-positioned” in the current tariff environment, where auto tariffs are likely to cause used car prices to rise. Parker listed several reasons for this viewpoint, such as lower near-term U.S. population and economic growth, less potential innovation in U.S. universities, more monetary policy accommodation in Europe. Oppenheimer chief investment strategist John Stoltzfus remains positive on equities, he wrote in a Monday note.

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Universal Health Services followed with a plunge of more than 11%. UnitedHealth, Teladoc and Humana were also among the ETF’s members trading lower in the session. Healthcare Providers ETF (IHF) tumbled around 5% in afternoon trading. If that holds, the fund would record its first five-day losing streak since October. Shares are also on track for their seventh-consecutive loss, with the stock down more than 17% over the period.

Meanwhile, AI chip giant Nvidia also found itself caught in the crossfire of the burgeoning US-China trade war. Shares fell about 7% after the company revealed that the US government has imposed new restrictions on its chip exports to China. The company said the move would result in $5.5 billion in charges. The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria.

The ICE U.S. Dollar Index fell as low as 97.92 on Monday, its lowest level since March 2022. Shares of Hertz dropped 12% on Monday, following a 112% rally on the back of Bill Ackman’s big investment. Tesla’s 6.4% decline is leading the losses, followed by Nvidia’s 4.6% drop. The Roundhill Magnificent Seven ETF (MAGS) is down 3.3% Monday, putting the fund on pace for its fourth straight daily loss. Shares of Tesla dowmarkets dropped about 7% Monday ahead of its earnings report Tuesday after the bell. Despite the broad decline, a small group was able to buck the downtrend.

The firm upgraded the cruise line to buy from hold on Monday. It also maintained its $25 price target, suggesting 53% upside from Thursday’s close. Declining stocks on the New York Stock Exchange outnumber rising issues by more than 4-to-1, according to FactSet data, but total trading activity is so far muted, with mid-morning composite volume about 14% of the past 30-day average. More than 95% of S&P 500 stocks traded in the red in midday trading on Monday, underscoring the broad sell-off to start the trading week. “This move is less about enthusiasm and more about exhaustion. Risk markets are rotating,” said Ben Kurland, CEO at crypto research platform DYOR.