ANALYSIS-Wall Street straps in for Trump’s tariff reveal; sees no end to fog of uncertainty
S&P 500 set for biggest first-quarter decline since 2020
Investors expect heavy volatility after April 2 tariff reveal
Retaliatory tariffs could make Wall Street’s ride even rockier
By Saqib Iqbal Ahmed and Lewis Krauskopf
NEW YORK, – U.S. President Donald Trump’s scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek.
Investors entered 2025 bullish about pro-growth government policies under Trump, but instead the stock market has swooned since his inauguration. Headlines on tariffs whipsawed Wall Street, knocking the S&P 500 as much as 10% earlier this month.
The benchmark index is on pace to…
