Stock Market Today: Steep Tariff Sell-Off, INTC & TSM Joint Venture, RH 5-Year Low
Schwab Network · Schwab Network
Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Markets had their worst day since 2020. The NDX plunged more than 5% while the SPX entered correction territory by tumbling close to 5%. President Trump's steeper-than-expected tariffs led to massive selling action in tech and the Mag 7. RH (RH) closed down 40% due to a triple whammy of lower earnings and guidance, topped by tariff uncertainty. One winner of the day: Intel (INTC), after The Information reported it and TSMC (TSM) eye a tentative agreement on a joint venture. Caroline Woods takes investors through the turbulent trading session.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about