Here are five key points for investors to consider as they begin the trading day:
1. Broken Records: The Dow Jones Industrial Average experienced its most significant intraday swing on Monday, fluctuating 2,595 points from its lowest to highest points during a highly volatile session.
2. The Art of the Deal: Negotiations are at the forefront as markets await any signs that President Trump may ease his tariff strategy.
3. Recession Rhetoric: Concerns loom over whether Trump’s tariffs could lead to a full-scale recession.
4. Apple a Day: Apple Inc. has been significantly impacted by the ongoing trade war, with its market capitalization dropping $638 billion—about 19% of its value—over just three trading days.
5. In the Club: Walmart’s membership service is thriving at a crucial time, with Walmart+ customers reportedly accounting for nearly half of all spending on the retailer’s online platforms in the U.S. during the last fiscal year, signaling strong consumer engagement and loyalty.
Source (CNBC)