A move to a 15% global tariff could happen any day now. Trade policy shifts like this can ripple through supply chains, corporate earnings, market sentiment, and more.
The S&P 500 climbed last week as investors digested changes to U.S. tariff policy and a mix of economic data, including softer GDP growth and firmer inflation. While February remains slightly negative, the index is still higher for the year.
The S&P 500 slipped 2.4% last week as renewed tariff tensions weighed on markets. Energy led sector losses, while utilities and consumer staples managed gains ahead of a busy earnings week.