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U.S. Stocks Open Lower Amid Earnings and Tariff News

U.S. Stocks Open Lower Amid Earnings and Tariff News

Global Cryptocurrency
Release Time:
2025-04-11 14:48:02
0
U.S. stocks opened lower on Friday as the market reacted to earnings reports from Wall Street banks, March PPI, and new tariffs imposed by China. The S&P 500 was down 0.44%, and the Nasdaq fell 0.2% initially. However, buyers later pushed major indices into positive territory. The Dow Jones Industrial Average shed nearly 400 points for the week, amid notable volatility. China raised tariffs on U.S. imports to 125%, while President Trump imposed 145% tariffs on China. Beijing indicated it won’t hike duties beyond 125%. Cryptocurrencies such as BTC, ETH, LTC, and others were not directly mentioned in the news but could be impacted by the overall market sentiment.
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