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LEIBOVIT VR NEWSLETTERS – ‘TURNAROUND TUESDAY’ – APRIL 8, 2025 –

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https://www.howestreet.com/2025/04/market-meltdown-will-lead-to-great-buying-opportunities-mark-leibovit/


U.S. Stocks Close Mixed Following Highly Volatile Session

Following the nosedive seen over the two previous sessions, stocks saw substantial volatility over the course of the trading day on Monday. The major averages spent the day swinging back and forth across the unchanged line before eventually closing mixed.

While the tech-heavy Nasdaq inched up 15.48 points or 0.1 percent to 15,603.26 after plummeting by more than 5 percent in early trading, the S&P 500 dipped 11.83 points or 0.2 percent to 5,062.25 and the Dow slid 349.26 points or 0.9 percent to 37,965.60.

Stocks initially extended the sell-off seen over the two previous sessions amid ongoing concerns about the impact of President Donald Trump’s new tariffs and retaliatory moves by U.S. trade partners.

Selling pressure waned shortly after the start of trading, however, leading some traders to pick up stocks at reduced levels after the major averages hit their lowest intraday levels in over a year.

The S&P 500 also briefly joined the Nasdaq in bear market territory, plunging by more than 20 percent from its record closing high in February.

The subsequent rebound also reflected a headline […]

LEIBOVIT VR NEWSLETTERS – FRIDAY – APRIL 4, 2025 – IT APPEARS APRIL FOOLS WAS ON THE BULLS – AT LEAST SHORT-TERM

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Trump’s Tariff Announcement Triggers Nosedive On Wall Street

Stocks plummeted during trading on Thursday amid concerns about a global trade war following President Donald Trump’s tariff announcement. The sell-off dragged the Nasdaq and the S&P 500 down to their lowest levels since last August, while the Dow slumped to a nearly seven-month closing low.

The major averages saw further downside going into the close, ending the session near their worst levels of the day. The Nasdaq plummeted 1,050.44 points or 6.0 percent to 16,550.61, the S&P 500 plunged 274.45 points or 4.8 percent to 5,396.52 and the Dow tumbled 1,696.39 points or 4.0 percent to 40,545.93.

The nosedive on Wall Street came after Trump delivered a highly anticipated speech on Wednesday outlining his plan to impose sweeping tariffs on U.S. trade partners.

Trump’s “reciprocal tariff” plan calls for a baseline 10 percent tariff to be imposed on all U.S. imports except those compliant with the United States-Mexico-Canada Agreement.

Certain countries deemed the “worst offenders” will face much higher tariffs, with countries like Cambodia, Laos, Madagascar and Vietnam set to be charged nearly 50 percent.

China, which will face […]

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