Wendy's Weekly STOCK MARKET Report "Wall Street endured its worst week since the Covid crisis," by Wendy Nelson,
Market Week: April 7, 2025
The Markets (as of market close April 4, 2025)
Wall Street endured its worst week since the Covid crisis as investors shunned risk in response to inflation and recession fears following President Trump's sweeping tariffs and China's immediate retaliatory response. Despite a better-than-expected jobs report, comments made last Friday by Federal Reserve Chair Jerome Powell indicated that, while the economy was in a good place, the administration's current economic policy raised the risk of higher unemployment and inflation. The downturn in equities was spread among most of the market sectors with the exception of utilities. Consumer discretionary, industrials, communication services, financials, and energy were hit the hardest. Stocks began last week by moving higher on Monday, Tuesday, and Wednesday, ahead of President Trump's tariff announcement. However, the fallout from the more aggressive-than-expected tariff plan was significant last Thursday and Friday. Bond prices rose higher with increased demand, dragging yields on 10-year Treasuries to a nearly six-month low. Crude oil prices dropped to their lowest value since August 2021 as mounting fears over a global economic slowdown raised the prospects of weakening oil demand.
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Wendy Nelson, CEO of Wind River Wealth Advisors, aims to provide beneficial investment management, retirement planning, financial planning, asset management, and portfolio management to protect your money with knowledgeable strategies and plans by utilizing a personal independent financial advisor.
