Why the Trump trade is now floundering Trump-based euphoria has evaporated from the stock market amid recent tariff escalations and disappointing data. Yahoo Finance • 1 hour ago ^DJI ^GSPC Dow sinks 650 points, S&P 500 wipes out post-election gains Traders wonder if Trump put is in as Lutnick talks tariff relief Investors brace for more volatility with Trump set to address Congress IRS drafting plans to cut as much as half of its 90,000-person workforce Alphabet's Google urges US government to avoid breaking up firm Canada hits back as Trudeau blasts 'very dumb' tariffs America's farmers take center stage again in the Trump trade wars Chevron given 30 days to shut as Trump squeezes Venezuela US small businesses cut jobs in February, Intuit data show Latest Thales warns governments over reliance on Starlink-type systems XPO sees improvement in February, tonnage still down y/y GlobalFoundries chief says tariffs could benefit US chipmakers Optimism Grows China Stocks May Break First-Day NPC Losses on AI Asia Set for Bumpy Open on Hints of Tariff Relief: Markets Wrap Reddit co-founder Alexis Ohanian joins bid to acquire TikTok Ally Financial sells $2.8 billion of low-yielding securities to bolster balance sheet US farmers face higher costs, fewer markets from tariffs, farm groups warn Popular Stock market today: Dow sinks, S&P 500 posts worst day of 2025 after Trump forges ahead on tariffs Sunnova Stock Hits All-Time Low on 'Going Concern' Warning Instant View: China to impose extra tariffs of 10%-15% on various US farm products Nvidia stock tumbles over 8% to close at lowest level since September Prices rose along border ahead of Trump's tariffs — now disruption looms Analyst Report: Masco Corp. China hits US soybean firms, halts lumber imports as it steps up retaliation against Trump tariffs 3 reasons Trump's Congress address is 'really important' for markets US President Donald Trump is set to speak at a joint session in Congress Tuesday night. PIMCO head of US public policy Libby Cantrill joins Market Domination with Julie Hyman and Josh Lipton to discuss why the speech matters to investors and whether the president's comment tonight could move markets (^DJI, ^IXIC, ^GSPC). "It's going to be a really important moment in many ways for market participants," Cantrill says. "There will hopefully be some more clarity" around Trump's policy plans, she says, highlighting three things that investors should watch for during the address to Congress. Any indications around "what exactly does the president want from Canada and Mexico," could reassure the market as uncertainty around Trump's tariff policies fuels a sell-off, Cantrill explains. "I also think there will be folks will be tuning in around Ukraine," Cantrill ponders. "Will this sort of pause in Ukraine funding [be] more long-lasting? Could we be potentially on the precipice of a deal with Russia that's been rumored that maybe sanctions relief is coming?" "Lastly, something that could be potentially impacting growth, particularly on the payrolls, is around sort of these [Department of Government Efficiency] DOGE terminations of the federal workforce, and does President Trump really lean into that, or is he kind of getting a bit of cold feet." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. 01:46 How will Trump react to 'too much red' in the market? 03:05 Why a 'challenging environment for investing' could be ahead 01:46 Tesla stock: 4 reasons why this analyst cut his price target 03:56 Technical bounce, bearish sentiment, crypto: Market takeaways Investment Ideas Build Your Wealth View More More News