Overview

• U.S. stock futures showed mixed performance on April 1, 2025, with the S&P 500 down 4.59% and Nasdaq 100 dropping over 10% in Q1.
• President Trump’s 'Liberation Day' announcement on April 2 is expected to introduce reciprocal tariffs, potentially raising the U.S. effective tariff rate to its highest level since the 1940s.
• Gold prices reached a record high of $3,149.03 per ounce as investors seek safe-haven assets amid economic concerns tied to the tariff plans.
• Analysts warn that the tariffs could exacerbate inflation and slow economic growth, adding to an already challenging market environment.
• While some experts predict a potential market rebound in April, others caution that broader economic uncertainty could limit recovery through 2025.