empty
09.04.2025 09:22 AM
Stock Market Overview for April 9: S&P 500 and NASDAQ Return to Annual Lows

Following Tuesday's regular trading session, U.S. stock indices closed with another decline, ending just a step away from their annual lows. The S&P 500 dropped by 1.57%, the Nasdaq 100 fell by 2.15%, and the Dow Jones Industrial Average declined by 0.84%.

This image is no longer relevant

U.S. Treasury bonds plummeted, and Asian indices fell to their lowest levels since January 2024 after U.S. President Donald Trump increased tariffs on China, intensifying pressure on Beijing. U.S. bonds declined, and the yield on 30-year Treasuries surged to its highest level since November 2023. The U.S. dollar resumed its decline. European stock index futures dropped by 4.4%, while futures on U.S. indices lost 1% to 2.5%, reflecting growing concern over a potential recession in the world's largest economy. Oil fell to a new four-year low.

Trump's tariffs are compounding capital flow problems and potentially undermining fiscal stability. This signals a deeper crisis of confidence among investors and market participants. U.S. Treasuries, once considered the world's ultimate safe haven, are now under pressure from fiscal concerns and the risk of retaliatory dumping through counter-tariffs.

Many investors condemned Trump's escalation of the trade war, with Trump raising tariffs on China to 104%. This prompted economists from JPMorgan and Goldman Sachs to raise the probability of a U.S. recession. This move triggered a wave of fear across global financial markets as analysts began forecasting a slowdown in global economic growth.

Tensions between the two largest economies in the world are straining supply chains, forcing companies to reconsider their strategies and seek alternative suppliers. The impact of these tariffs is being felt across sectors—from agriculture to technology—threatening profitability and creating uncertainty for businesses. In response to the escalating trade war, many governments have voiced concerns and called for dialogue to find mutually beneficial solutions. However, the outlook for a swift resolution remains bleak, and many experts fear that further deterioration could bring even more severe consequences for the global economy. Investors also increasingly worry that something could "break" in the financial system as market stress and volatility continue to rise.

The unfolding turmoil may force the Federal Reserve into a tough position. The need to lower interest rates conflicts with the fear of inflation surges caused by tariffs. As recent years have shown, inflation remains the Fed's number one headache.

Japanese long-term government bonds also declined as increased market volatility prompted investors to reduce their exposure to yield fluctuations. The yield on 40-year Japanese bonds reached a record high.

As of today, Trump's so-called retaliatory tariffs come into force, delivering a heavy blow to the global economy as he pushes forward with his radical overhaul of global trade. However, there are currently no signs of negotiation efforts from key trade partners, which only deepens fears about the future of the global economy.

This image is no longer relevant

Technical Outlook for S&P 500

The decline continues. Today, the main task for buyers will be to break through the nearest resistance at $4943. This would support continued growth and open the way toward a move to $5011. Another key objective for the bulls will be to regain control over the $5084 level, which would strengthen the buyers' position.

If the index declines due to weakening risk appetite, buyers must hold the line around $4858. A breakdown below this level would likely push the index back to $4805, opening the path to $4751.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Calm above, crisis below: markets weigh oil, inflation, and Middle East risks

The US stock market is showing mixed performance, reflecting investors' ambivalent outlook after the holiday break. In the latest trading session, the S&P 500 slipped 0.03%, while the Nasdaq rose

Anna Zotova 13:29 2025-06-19 UTC+2

Update on US market on June 19. Federal Reserve downgrades its economic outlook. Stock market awaits correction

S&P500 Snapshot of major US stock indices on Wednesday Dow -0.1%, NASDAQ +0.1%, S&P 500 -0.1%, the S&P 500 closed yesterday at 5,981 trading within the range of 5,600

Jozef Kovach 12:43 2025-06-19 UTC+2

Stock Market as of May 19th: S&P 500 and NASDAQ Decline After Fed Meeting

At the end of the previous regular session, U.S. stock indices closed mixed. The S&P 500 fell by 0.03%, while the Nasdaq 100 rose by 0.13%. The Dow Jones Industrial

Jakub Novak 10:54 2025-06-19 UTC+2

Stock Market on May 18th: S&P 500 and NASDAQ

At the close of the most recent regular session, U.S. stock indices ended in decline. The S&P 500 fell by 0.84%, while the Nasdaq 100 dropped by 0.91%

Jakub Novak 11:53 2025-06-18 UTC+2

All eyes on Powell, but geopolitics may steal spotlight

The market is at a standstill. With the Fed's decision looming and growing political pressure from two fronts — monetary and geopolitical — market participants are bracing for a sharp

Anna Zotova 11:27 2025-06-18 UTC+2

Playing on edge: can markets ignore geopolitics for another day?

The US stock market continues to disregard geopolitical realities. Indices have approached key levels and are ready for a breakout. The only question is, in which direction? If upcoming events

Anna Zotova 13:27 2025-06-17 UTC+2

Stock Market on May 17th: S&P 500 and NASDAQ

At the end of the last regular session, U.S. stock indices closed higher. The S&P 500 rose by 0.94%, while the Nasdaq 100 gained 1.55%. The Dow Jones Industrial Average

Jakub Novak 11:56 2025-06-17 UTC+2

Update on US stock market on June 17

S&P500 Snapshot of major US stock indices on Monday: Dow +0.8%, NASDAQ +1.5%, S&P 500 +0.9%, S&P 500 at 6,033 in an intraday range of 5,600 to 6,200. On Monday

Jozef Kovach 10:45 2025-06-17 UTC+2

Market on front line: inflation, missiles, and corporate reports: which will bring stock market down first?

The US stock market stands at a crossroads. It has shown strength by recovering from panic sell-offs but has yet to deliver a clear signal for a sustained trend

Anna Zotova 17:05 2025-06-16 UTC+2

US market amid Israel–Iran war

S&P 500 Overview on 16.06 US market amid the Israel–Iran war Key US indices on Friday: Dow -1.8%, Nasdaq -1.3%, S&P 500 -1.1%, S&P 500 at ,5977, range 5,600–6,200

Jozef Kovach 13:52 2025-06-16 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.