{"id":839373,"date":"2025-04-06T08:12:08","date_gmt":"2025-04-06T13:12:08","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/06\/trump-tariffs-hammer-stocks-recession-fears-rise-tesla-after-elon-musks-doge-days-markets-news-roundup\/"},"modified":"2025-04-06T08:12:08","modified_gmt":"2025-04-06T13:12:08","slug":"trump-tariffs-hammer-stocks-recession-fears-rise-tesla-after-elon-musks-doge-days-markets-news-roundup","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/06\/trump-tariffs-hammer-stocks-recession-fears-rise-tesla-after-elon-musks-doge-days-markets-news-roundup\/","title":{"rendered":"Trump tariffs hammer stocks, recession fears rise, Tesla after Elon Musk’s DOGE days: Markets news roundup"},"content":{"rendered":"
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Image: Chip Somodevilla (Getty Images), Restoration Hardware, Photo: Chip Somodevilla (Getty Images), Sean Rayford \/ Stringer (Getty Images), Kevin Dietsch (Getty Images), Michael M. Santiago (Getty Images), Oleg Nikishin (Getty Images), Tomohiro Ohsumi (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Tesla CEO Elon Musk<\/figcaption>
Image: Chip Somodevilla (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Despite taking a hit earlier in the day from weak deliveries, Tesla (TSLA<\/a><\/span>) stock is now soaring as Elon Musk\u2019s time in the federal government appears to be nearing an end. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

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President Donald Trump announced his wide-ranging tariffs on Wednesday evening.<\/figcaption>
Photo: Chip Somodevilla (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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President Donald Trump\u2019s so-called \u201creciprocal\u201d tariffs haven\u2019t been well received, especially after the White House explained its math.<\/p>\n

\u201cIf a 9th grader in high school presented this tariff chart to a teacher in a basic economics class the teacher would laugh and say sit down and work on the assignment,\u201d Wedbush Securities analyst Dan Ives, who oversees technology firm coverage, said in a Thursday note to clients. <\/p>\n

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Photo: Sean Rayford \/ Stringer (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Everyone has their vices, but, in the U.S., some states have residents that particularly struggle to tell the truth \u2014 at least, that\u2019s what one law office tells us. <\/p>\n

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Jerome Powell after the FOMC meeting in March<\/figcaption>
Photo: Kevin Dietsch (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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President Donald Trump\u2019s new tariffs create a dilemma for the Federal Reserve because they\u2019re likely to both increase inflation and slow economic growth \u2014 and possibly lead to stagflation. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

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Image: Restoration Hardware<\/figcaption><\/p>\n<\/div>\n

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California-based luxury home goods retailer Restoration Hardware (RH<\/a><\/span>) was among the biggest losers in Thursday\u2019s stock market rout. As of 2 p.m. Eastern Tuesday, the stock was down more than 39 percent, after being off as much as 44 percent in mid-morning trading. <\/p>\n

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Photo: Michael M. Santiago (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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Stocks were mixed on Monday as investors await a better sense of whether new tariffs are just a negotiating tactic \u2014 or, as Donald Trump has intermittently insisted, now a permanent part of the economic landscape. <\/p>\n

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President Donald Trump\u2019s stake in his media company now makes up a large part of his fortune. <\/figcaption>
Photo: Oleg Nikishin (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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A trust overseeing President Donald Trump\u2019s multi-billion dollar stake in Truth Social\u2019s (DWAC<\/a><\/span>) parent company could sell up to 115 million shares, according to a regulatory filing. <\/p>\n

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Why Trump’s new tariffs could send corporate earnings into a tailspin, according to a strategist<\/p>\n<\/div>\n

Dimitri Zabelin, Geopolitical Strategist at Pantheon Insights, broke down how China and the EU are responding to the new tariffs in an interview with NYSE TV<\/p>\n<\/div>\n

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Recession odds spike to 50-50 after Trump’s new tariffs, strategist says<\/p>\n<\/div>\n

In an NYSE TV interview, Ahmed Riesgo, CIO at Insigneo, explains why recession fears are mounting \u2014 and what investors can do to protect their portfolios<\/p>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Johnathon Fetzer<\/p>\n","protected":false},"excerpt":{"rendered":"

Image: Chip Somodevilla (Getty Images), Restoration Hardware, Photo: Chip Somodevilla (Getty Images), Sean Rayford \/ Stringer (Getty Images), Kevin Dietsch (Getty Images), Michael M. Santiago (Getty Images), Oleg Nikishin (Getty Images), Tomohiro Ohsumi (Getty Images) Tesla CEO Elon Musk Image: Chip Somodevilla (Getty Images) Despite taking a hit earlier in the day from weak deliveries<\/p>\n","protected":false},"author":1,"featured_media":839374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[272,4],"tags":[],"class_list":{"0":"post-839373","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tariffs","8":"category-trump"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/839373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=839373"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/839373\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/839374"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=839373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=839373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=839373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}