Stocks dropped in the first quarter amid tariffs on Trump

Monday was the last trading day of the quarter. US shares took a large beating in the period: both the S&P 500, and the NASDAQ Composite violated their five -quarter winnings and suffered the most severe three -month losses since 2022. NASDAQ remains in the correction.

But these will not be the last shares that arise. Mutual tariffs for “all countries” will start on Wednesday, US President Donald Trump said on Sunday. While Trump called the beginning of his tariffs as “Liberation Day”, others do not see it in such a burning conditions.

Goldman Sachs, first, reduced its forecast for the US economic growth and increased the expectation of inflation in 2025, which indicates the possibility of stagFlation. And if not stagflation is a recession. The Wall -Rate Giant also cuts its projection for the S&P 500 respectively.

If the first quarter of the year were uneven, the second could be much more insidious.

Tariffs for “all countries”
US President Donald Trump said his mutual tariff would be the goal of “all countries“If they are announced on Wednesday. He clearly rejected the proposals that the tariffs will only apply to” dirty 15 “groups Drawing up 15% of US trades When carrying hefty tariffs for US goods. Goldman Sachs raised it The likelihood of recession in the next 12 months up to 35% of 20% of the Trump tariffs.

Economists are waiting for low growth
Economists interviewed Quick Update CNBC Also expect the tariffs to slow down – maybe even stop – the US economy. A quick update, an average forecast of 14 economists for GDP and inflation, it is observed that the growth of the first quarter has registered anemic 0.3% compared to 2.3% extension reported in the fourth quarter of 2024. This will be the weakest in 2022, when the economy came out of the pandemic.

Bloody quarter for US stocks
US markets are traded mixed on MondayDisable the gloomy first quarter. A S&P 500 grew by 0.55% Dow Jones Industrial Medium increased by 1%but Nasdaq Composite decreased by 014%. A quarter of the S&P 500 decreased by 4.6%, the Dow lost 1.3%, and Nasdaq collapsed by 10.4%. Pan -European Stoxx 600 The index decreased by 1.51% on Monday. Though Stoxx 600 still increased by more than 4% per yearAccording to the LSEG data, the S&P 500 is superior.

Round Financing Openai
Openai on Monday announced that closed 40 billion dollars round financing – The largest private round of technology financing on the record – which appreciates Chatgpt at $ 300 billion, including Fresh Capital. Japan Soft banks Leads a round of $ 30 billion and joins them MicrosoftHeights and thrive. However funding would be decreases to $ 30 billion If Openai does not rebuild the organization for profit until December 31, CNBC has confirmed.

Doge Slashing Tesla Monies too?
Tesla stock plunged on 36% in the first three months of the yearIts worst quarter since 2022, when the shares amounted to 54%. The drop in the first quarter of Tesla destroyed the market capitalization over $ 460 billion. CEO Elon Musk acknowledged the town hall in Wisconsin that his role in the so-called government efficiency is Create a backlash against tesla and harms the stock.

(Pro) Goldman Crus S&P Forecast
In addition to reducing economic growth forecast, also Goldman Sachs cut his projection where is it supposed Survey strategist on the CNBC market.

After 20 years at the helm, Klarna CEO Sebastian Symotkowski threatens his largest test: IPO US IPO

Sebastian Symotkowski founded Claorn in 2005 with Niklas Adalbert and Victor Jacobsan’s colleagues to accept traditional banks and firms from credit cards with more convenient payments on the Internet.

Today, Klarna is a synonym “Buy Now, Pay Later”-Method for Payment, which allows people to buy things and either postpone payment by the end of the month, or pay their purchases for a number of equal, without interest-monthly parties.

Now the CEO of Klarna is facing his biggest test-concealing business, which he has been in existence two decades ago publicly. If this succeeds, the result can catapult the net value of Siemiatkowski and other shareholders, including Sequoia Capital, Silver Lake, Mubadala Investment Company and Investment Council on Canada.