Stocks Face a ‘Fog of Uncertainty’ as Global Risks Keep Mounting
The S&P 500 Index has fallen for two straight weeks and four of the last five.
Photographer: Michael Nagle/BloombergThe US stock market sent some troubling signals this week as investors’ euphoric post-election vibe slams into a few challenging realities.
The big-tech shares that have powered so much of the gains in equity indexes over the past two years are starting to sputter, with traders scurrying for safety in less risky positions. Concerns about an economic slowdown are intensifying after several soft data readings over the past two weeks. Fears of President Donald Trump’s tariff-heavy trade policies continue to rise. And worries about the ongoing war in Europe erupted Friday after a contentious White House meeting between Trump and Ukrainian President Volodymyr Zelenskiy turned into a shouting match between the two leaders.