The Dow, S&P 500, and Nasdaq are sliding as the stock market reels from a massive selloff following President Donald Trump's shock tariffs announcement.
It is worth mentioning, Q1 earnings haven’t even been reported yet. While it’s clear this is a bad event, it can be claimed that this was anticipated. If Q1 indicates an already gradual decline, won’t there be further selloff?
Edit: After talking with others more informed than myself, it was suggested the Q1 will actually look positive, but Q2 will look ugly.
It is worth mentioning, Q1 earnings haven’t even been reported yet. While it’s clear this is a bad event, it can be claimed that this was anticipated. If Q1 indicates an already gradual decline, won’t there be further selloff?
Edit: After talking with others more informed than myself, it was suggested the Q1 will actually look positive, but Q2 will look ugly.