Live Tariff updates: Trump escalates threats on China as markets remain jittery Chicago Options - Delayed Quote • USD CBOE EQUITY VIXON APPLE (^VXAPL) Follow 61.94 +0.82 +(1.34%) As of 1:54:02 PM EDT. Market Open. Related News US tariffs won't change China economy's big picture US–China trade tensions are rising following US President Trump's announcement of new tariffs as Chinese officials reportedly weigh a new wave of economic stimulus to counter the effects of tariffs. China Beige Book co-founder and CEO Leland Miller joins Catalysts with Madison Mills and Longview Economics global economist and chief market strategist Chris Watling to discuss the details. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Trump again calls on 'slow moving' Fed to cut rates as markets continue tumble Trump urges the Fed to lower rates, giving no indication he will back down from his sweeping tariff policy. Wall Street stock bulls throw in the towel as tariff market meltdown 'projects negative outcomes to infinity' Wall Street is slashing its bullish outlook for stocks as investors digest the impact of President Trump's tariffs. Put buying surge signals market fear as people seek 'protection' Stocks (^GSPC, ^IXIC, ^DJI) turned negative again, with the S&P 500 and Nasdaq Composite showing slight declines. Tastytrade CEO JJ Kinahan joins Catalysts to discuss the recent options activity, highlighting the rise in put buying as a sign of increasing market fear. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Market sell-off deepens as investors react to tariff fears US stock futures (ES=F, NQ=F, YM=F) continue to drop as the market sell-off enters its third day, with the S&P 500 (^GSPC) facing potential bear market territory. Yahoo Finance Executive Editor Brian Sozzi and Yahoo Finance Senior Reporter Josh Schafer join Morning Brief hosts Madison Mills and Brad Smith to discuss the ongoing sell-off and the impact of tariffs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Why Goldman Sachs now sees a 45% chance of a recession and the Fed coming to the rescue Goldman Sachs is back with another recession call. Why the US may already be in a recession With Trump tariff headlines ripping through markets and economic data, recession calls or predictions for a sharp economic slowdown are coming into the light. The most direct one comes out of BCA Research’s veteran strategist Peter Berezin. Berezin said he sees a 75% chance of a recession within the next three months. In his second quarter outlook for clients, Berezin warned about a “buckling” US consumer and weakening labor market. Berezin has gained attention of late for being the lone bear on Wall Street coming into 2025. He has a year-end target on the S&P 500 of 4,450. The S&P 500 (^GSPC) opened the year at 5,903. Berezin has been an economist for more than 30 years, with stints at the International Monetary Fund (IMF), Goldman Sachs, and now BCA Research. Yahoo Finance Executive Editor Brian Sozzi sits down on the Opening Bid podcast with Berezin about his big calls and why investors need to listen up. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms Wall Street experts warn stocks have 'ample space' to continue cratering as Trump team digs in on tariffs After the worst week for the S&P 500 since March 2020, equity strategists don't seen any end in sight as investor scramble to price in the worst case scenario from President Trump's latest tariff announcements. Update: Gold Falls as the Dollar and Yields Climb Amid Market Turmoil (Updates prices.) Gold traded lower mid-afternoon on Monday as the dollar and treasury yield rose Wall Street could be headed for a bear market. Here’s what that means Wall Street could soon be in the claws of another bear market as the Trump administration's tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels more like the sudden, turbulent bear market of 2020, when the benchmark S&P 500 index tumbled 34% in a one-month period, the shortest bear market ever. Here are some common questions about bear markets: Why is it called a bear market? FTSE dives to year-low as global market turmoil continues The FTSE 100 fell by 4.38% to 7,702.08, its lowest closing price since March last year, at the end of trading. S&P 500, Nasdaq Turn Green in Volatile Trading. Wall Street Is Buying Riskier Stocks. The Nasdaq Composite was up 1%. The S&P 500 was up 0.6% despite a majority of its members' stocks trading lower. Like the Nasdaq, it was being helped by some dip-buying in riskier stocks like Super Micro Computer. The Dow swings wildly and the S&P 500 touches bear market territory as trade war fallout continues The S&P 500 touched bear market territory and the Dow Jones Industrial Average shed as much as 1,700 points early Monday — before gaining more than 700 points and then turning negative again. This chaotic start to the week follows days of market carnage as investors react to President Donald Trump’s apparent commitment to tariffs and to widely held fears that they’ll wreck international trade and transform the U.S. economy into something akin to molasses. NVFY Stock Slides Post Earnings Despite Narrower Net Loss Nova LifeStyle reports lower revenues but improved margins in 2024, with sales gains in North America offset by declines in Asia and other regions. The Stock Market’s Fear Gauge Signals Alarm as Trump Doubles Down on Tariffs President Trump’s latest tariff threats sent the stock market’s fear gauge spiking above a key level. The CBOE Volatility Index, or VIX, jumped north of 50 on Monday, a level that signals fear in markets. The VIX is a measure of implied volatility ahead in the S&P 500. Leveraged ETF Winners Amid Wall Street's Worst Week Since 2020 Inverse and volatility ETFs won in the worst week of Wall Street since 2020. Today's Market: S&P 500 Sinks 2%, Dow Plunges 900 Points as Tariff Fears Grip Markets White House Dismisses Tariff Pause Rumor as Markets Tumble FTSE plunges further as global sell-off deepens over US tariffs The FTSE 100 declined by 352.9 points, or 4.38%%, to close at 7,702.08. Global markets are in meltdown: here's how it looks in charts A stock market rout, historic in scale, has swept across the globe wiping more than $10 trillion off major markets, as concerns about the economic damage unleashed by U.S. President Donald Trump's tariffs spiral. The S&P 500 stock index fell over 10% in the last two trading sessions of last week, its worst performance since the end of the Second World War and rivaled by the 1987 stock market rout, the 2008 global financial crisis and the 2020 COVID shock. Kevin Thozet, investment committee member at Carmignac, said he expected U.S. stocks to keep falling and the cost of borrowing for companies to keep rising. Wells Fargo Lowers S&P 500 2025 Target Level, Earnings Estimates Wells Fargo Investment Institute lowered its 2025 target level for the S&P 500 and cut earnings esti