The European Union has said in response to Trump's tariffs, there will be "countermeasures" with "immense consequences," per Reuters.

Here are some market statistics on how bad today was for the market $SPX $SPY $QQQ $NDX:

Today was:
- the MOST amount of stocks at their 52 LOWS in one year
- second most amount of red closes for stocks
- Second most volume in last year
- Nasdaq nearly hit circuit breaker

The Architecture Association held a symposium called Financing the Commons recently and the videos have just gone up on their YouTube https://www.youtube.com/@AASchoolArchitecture

(Not watched much of it yet, but nice to see mention of @dilgreen and @tfwoodroof's #LocalLoop Merseyside project in Sue Bell's talk)

Donald Trump on the market reaction today:

"It is what was expected. It was a sick patient. It went through an operation. But the operation is over. And now we let it settle in"

He added "I haven't checked my 401K".

For reference, the Nasdaq had its largest point drop in

Refresh my memory. Who was president in 2020? #Politics #Economy #Economics #Tariffs #Finance #US #USpol #StableGenius

While the market was collapsing, someone was front-loading Intel $INTC calls before $TSM news today.

At 12pm EST someone bought $100k in $INTC $23.5 calls expiring Apr 17.

As soon as news came out, stock rallied, they sold full position for $500k.

$INTC was red, lost most of

Donald Trump right now: I would consider a deal where China approves the TikTok sale in exchange for tariff relief.

"I'm open to tariff negotiations if other countries offer something phenomenal"

Donald Trump added: Market response to tariffs today was expected

Volkswagen to raise prices in response to tariffs, per Reuters.

JUST IN: Ryan Cohen of $GME GameStop has increased his stake in the company, purchasing 500,000 shares at $21.55, increasing his ownership to 8.4% of $GME.

State of the market:

* US stocks losing to ex-US
* Growth losing to value
* Discretionary losing to staples
* Breadth deteriorating
* Housing index back to Dec 2023 levels
* 63% of S&P 500 stocks < 200MA
* 60% of NASDAQ 100 stocks < 200MA

Could we catch a relief bounce? Sure. Just look at a chart from 2022. I'm still on the sidelines.

(Not financial advice)

The market wiped out $2.65 TRILLION in value today.

The S&amp;P 500 $SPY $SPX fell 4.84%

The Nasdaq fell -6%, having its WORST day since March 2020, the Covid drop.

Call your mother, immediately.

Worst day in the market since June 2020.

The S&amp;P 500 $SPY $SPX went down to -4.8%.

This is the WORST market session since June 2020...

Market dumping lower on $SPY $SPX $QQQ

Call buyers no where in sight. Puts accelerating.

See it all live on Unusual Whales.

Markets down sharply today. The U.S. introduced broad new tariffs—10% minimum.

History shows trade barriers can sometimes worsen downturns. Investors are responding with concern, and consumer prices may be headed up.

#economy #tariffs #stockmarket #finance #uspol #trump #importtax

https://thecollegeinvestor.com/55940/stock-market-crushed-amid-sweeping-u-s-tariff-announcements/

Commerce Secretary Lutnick: "You're going to see employment leaping starting today."

JUST IN: Intel, $INTC TSMC $TSMC Tentatively Agree to Form Chipmaking Joint Venture, per the Information

Intel execs, per the Information, are worried about mass layoffs.

Largest trade made in the Japanese Yen today since 2019.

On a completely red day, Good Year, $GT, is up 12%.