Stocks Drop Ahead of Auto Tariffs
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MRKT Matrix - Wednesday, March 26th

• S&P 500 hits low of session, down 1% ahead of new auto tariff announcement (CNBC))

• Trump to announce new auto tariffs Wednesday (CNBC))

• Trump Weighs Imposing Copper Import Tariffs in Weeks, Not Months (Bloomberg))

• US Stock Market Liquidity Drying Up as Trade War Concerns Mount (Bloomberg))

• Barclays cuts S&P 500 target to lowest on Wall Street as tariff pressure mounts (CNBC))

• Trump’s Aggression Sours Europe on US Cloud Giants (Wired))

• Tariff Uncertainty May Cause Turbulence for Chip Stocks, Analyst Says (MarketWatch))

• Nvidia’s China sales face threat from Beijing’s environmental curbs (FT))

• TSMC’s US-Made Chips Might Not Be That Expensive. It’s Bad News for Intel. (Barron’s))

• Alibaba Teams Up With BMW to Develop AI for Cars in China (Bloomberg))

• Wall Street Bonus Pool Surges to a Record $47.5 Billion for 2024 (Bloomberg))

• Over 9 million student loan borrowers past-due after bills restarted, Fed estimates (CNBC))

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs