Wall Street suffered its worst quarter in nearly three years as Trump’s tariff threats fueled fears of stagflation, according to the Financial Times. Market sentiment weakened amid concerns that new tariffs on imports like steel and aluminum could further slow growth and drive up prices. Investors are awaiting Trump’s upcoming “Liberation Day” event, where more levies are expected. Big Tech stocks declined sharply amid growing concerns about the economy and the sustainability of heavy investment in artificial intelligence infrastructure. Shares of major players like Nvidia, Tesla, Apple, and Microsoft all experienced steep losses during the quarter.
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00:00It's Benzinga bringing Wall Street to Main Street suffered its worst quarter nearly three years as
00:05President Trump's tariff threats fueled fears of stagflation, according to the Financial Times.
00:09Market sentiment weakened amid concerns that new tariffs on imports like steel and aluminum could
00:14further slow growth and drive up prices. Investors are awaiting Trump's upcoming
00:19Liberation Day event, where more levies are expected. Big tech stops declined sharply amid
00:25growing concerns about the economy and the sustainability of heavy investment in artificial
00:30intelligence infrastructure. Chairs of major players like NVIDIA, Tesla, Apple,
00:36and Microsoft all experienced steep losses during the quarter.