2025-04-05
5 分钟Hey listeners, it's Saturday, April 5th.
I'm Crystal Heer for The Wall Street Journal, and this is What's News in Markets,
our look at the biggest stock moves of the week and the news that drove them.
Let's get to it.
Well, it looks like April is already shaping up to be a tough month for Wall Street.
Some of investors' worst fears came true on Wednesday when President Trump announced sweeping tariffs.
Stocks saw a steep sell-off on Thursday, their worst day since 2020,
and things only got worse on Friday after China said it is matching the new 34% tariff on all goods imported from the U.S.
The Dow fell more than 2,000 points.
Now,
investors are worried
that Trump's trade policies could break the economy's resilience streak and send it into a recession.
Dan Ives of Wedbush Securities told me that he spent the week on dozens of calls with clients playing a dual role,
part analyst, part therapist.
The week was a market route.
The Nasdaq fell into a bear market with a 20% decline from its peak.
The U.S. stock market shed $6.6 trillion in two sessions, the biggest two-day pullback on record.
The three major indexes all notched their worst week since 2020.
The S&P 500 dropped 9.1%, the Dow fell 7.9%, and the Nasdaq tumbled 10%.
First up, let's talk about Nike, the patron saint of sneakerheads everywhere.