US stock futures tumble indicating another plummet on Wall Street after Trump’s tariffs

New York Post - Apr 6th, 2025
Open on New York Post

US stock futures opened sharply lower on Sunday, indicating ongoing market volatility after the Trump administration announced unexpected tariffs last week. The S&P 500 E-minis dropped 4%, Dow E-minis fell 3.8%, and Nasdaq 100 E-minis declined 4.6% at the opening. The announcement led to a two-day selloff, wiping out trillions in equity value, with the S&P 500 losing 10.5% and nearing bear market territory. Investors brace for further turbulence as global partners react to the tariffs, and economic advisers attempt to downplay fears of a recession.

The timing of the tariffs coincides with the first-quarter earnings season, adding to the market's pessimistic outlook. Despite some traders anticipating a possible brief recovery, experts like Mark Malek of Siebert Financial suggest any gains may be temporary. The market's future trajectory remains uncertain, with the possibility of a more sustained rally not expected for several weeks. The economic and geopolitical implications of the tariffs continue to unfold, posing significant challenges for the global economy and investor confidence.

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RATING

6.6
Fair Story
Consider it well-founded

The news story provides a timely and relevant overview of the stock market's reaction to the Trump administration's tariffs, presenting specific data points and expert opinions. It effectively communicates the potential economic impact, making it accessible to a broad audience. However, the story could benefit from a more balanced exploration of perspectives, including potential positive outcomes or strategies to mitigate market impacts. The reliance on a limited range of sources and the lack of transparency regarding the methodology behind certain claims slightly undermine its credibility. Overall, the story is informative and engaging but would be strengthened by a more comprehensive analysis of the factors influencing market movements and a broader range of expert insights.

RATING DETAILS

7
Accuracy

The story provides specific data points about stock futures and market losses, such as the S&P 500 E-minis being down 4% and the market losing about $5 trillion in value. These claims are precise and can be verified through financial market data. However, the story attributes the market downturn solely to the Trump administration's tariffs without acknowledging other possible contributing factors, which could be misleading. The statement about the S&P 500's decline being the biggest since March 2020 also requires historical data verification. The article quotes specific individuals, such as Mark Malek and Scott Bessent, which adds credibility, but their statements should be cross-checked with official sources for accuracy.

6
Balance

The article presents multiple perspectives, including those of investment strategists and government officials. However, it leans towards a negative outlook on the market's reaction to the tariffs, primarily focusing on the selloff and potential recession. While it mentions the government's position through Scott Bessent's comments, it lacks a deeper exploration of potential positive outcomes or strategies to mitigate the market impact. The inclusion of different voices, like Steve Sosnick and Alex Morris, provides some balance, but the overall tone is skewed towards pessimism.

8
Clarity

The article is generally clear and well-structured, with a logical flow of information. It uses straightforward language and presents data in a comprehensible manner, making it accessible to a broad audience. However, some technical terms related to stock futures and market indices might require further explanation for readers unfamiliar with financial jargon. The inclusion of direct quotes helps to break up the text and provides clarity on the perspectives presented.

7
Source quality

The article cites credible sources, including investment strategists and a government official, which adds to its reliability. However, it does not provide detailed information about these sources or their backgrounds, which would enhance the reader's understanding of their authority. The lack of direct quotes from other key economic figures or market analysts limits the breadth of perspectives. The story would benefit from a wider range of authoritative voices to strengthen its credibility.

5
Transparency

The article lacks transparency in explaining the methodology behind its claims, such as how the market impact was calculated or the basis for the experts' predictions. It does not disclose any potential conflicts of interest of the quoted individuals, which could affect the impartiality of their statements. More context about the timing of the tariffs announcement and the market's historical context would help clarify the basis for the claims made.

Sources

  1. https://8kun.top/qresearch/res/22875101.html
  2. http://acecomments.mu.nu/?post=386703%2F