SPX Hovers Near Key Support, Pharmaceutical & Truck Tariffs Add Pressure
Schwab Network · Schwab Network
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Show Notes
Pressure on markets has pushed the SPX closer to its 20-day SMA, which Kevin Green considers a critical level to hold bullish momentum. He also points to 100% tariffs on some imported drugs and, 25% tariffs on trucks, and 30% tariffs on furniture adding pressure for many stocks. There is progress on TikTok, however, as Kevin highlights the Trump-approved deal that links Oracle (ORCL) to the social media giant among other companies.
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