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Image Credit: Baystreet

When Might Market Rally Momentum End?

  • Stock market's rallying momentum showed signs of strain in the last two days, with the Nasdaq and S&P 500 dipping temporarily before recovering some losses.
  • Stock markets gained around $9 trillion in value over the last month due to events like Liberation Day tariffs and concerns about the Fed Chair replacement.
  • Recent U.S. tariff reductions against China and trading partners pause may impact inflation as companies will eventually pass on tariff-related costs to customers.
  • While Walmart warns of price hikes due to tariffs, Home Depot assures no price raises, backed by strong supplier partnerships. Home Depot recorded a 9.5% Y/Y revenue increase in Q1.

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