ProShares S&P 500 Ex-Energy ETF (ARCA: SPXE)

에 대한 최신 뉴스 ProShares S&P 500 Ex-Energy ETF (ARCA:SPXE)

ProShares S&P 500 Ex-Energy ETF

Technology

Financial Services

Consumer Cyclical

Healthcare

Industrials

Consumer Defensive

Communication Services

Utilities

Real Estate

Other

Basic Materials

Energy

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index. The Index and Fund seek to provide exposure to the companies of the S&P 500 Index with the exception of those companies included in the Energy Sector. The S&P 500 is a measure of large-cap U.S. stock market performance. It is a float adjusted, market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The Index is constructed and maintained by S&P Dow Jones LLC. The Index classifies each company in the S&P 500 as part of a particular sector using the Global Industry Classification Standards, which are jointly produced by S&P Dow Jones Indices and MSCI, to define companies within a sector. As of June 30, 2023, the following sectors are included within GICS: Communication Services, Consumer Discretionary, Consumer Staples, Energy, Financials, Health Care, Industrials, Information Technology, Materials, Real Estate, and Utilities. A Sector is comprised of multiple industries. For example, the Energy Sector is comprised of companies in, among others, the oil, gas, and consumable fuel industry. The Index consists of companies from each of the Sectors other than the Energy Sector. Each security in the Index is weighted by float-adjusted market capitalization according to the same rules as the S&P 500. The Index is published under the Bloomberg ticker symbol SPXXEGT. Under normal circumstances, the Fund will invest at least 80% of its total assets in component securities of the Index or in instruments with similar economic characteristics. The Fund may operate as non-diversified as defined under the Investment Company Act of 1940, as amended, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.

Microsoft Corp

Apple Inc

NVIDIA Corporation

Amazon.Com Inc

Meta Platforms Inc

Alphabet Inc-cl A

Alphabet Inc Class C

Berkshire Hathaway Inc., Cl. B

Eli Lilly & Co.

Jpmorgan Chase & Co.

Tesla Inc

Broadcom Inc

No Known Plans Yet

Equities

News

Markets

AMZN

GOOG

GOOGL

MSFT

NVDA

Rydex ETF Trust Rydex S&P Equal Weight ETF

SPXE

도널드 트럼프의 미국 대선 승리는 주식 랠리를 촉발시켰다. 핀테크 기업 어프리시에이트(Appreciate)의 최고 비즈니스 책임자인 요게시 칸살(Yogesh Kansal)은 &#34;감세와 규제완화가 기업 수익 증가로 이어질 것&#34;이라는 트럼프 행정부의 계획에 따라 이러한 상승세는 지속될 것으로 전망했다. 그는 석유와 천연가스처럼 규제가 심한 분야가 트럼프 행정부 하에서 혜택을 받을 것이라고 덧붙였다.

트럼프의 규제완화는 에너지·석유·가스에 이익, AI 열풍은 FAANG 종목·엔비디아 상승시킬 것

morgan stanley shutter

iShares Dow Jones US Aerospace & Defense Index Fund

모건스탠리에 따르면 2024년 대선에서 공화당의 승리는 상당한 정책 변화로 이어질 수 있다. 특히 기술 및 천연가스 부문에서 성장과 혁신이 일어날 것으로 예상한다. 그러나 무역 관세, 이민 정책, 재정 지속 가능성, 새로운 정책의 범위와 시기에 대한 우려가 더 넓은 경제 전망을 제약할 수 있다고 경고한다.

모건스탠리: 트럼프 2기 행정부 첫 100일간 상승·하락 예상 섹터는?

Shares of Sangamo Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) rose sharply in today's pre-market trading after the company announced a new agreement with pharmaceutical giant Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), granting the company a worldwide exclusive license to leverage the company&#8217;s novel proprietary neurotropic adeno-associated virus (AAV) <a href="https://www.benzinga.com/quote/sgmo">capsid, STAC-BBB.</a>
Sangamo Therapeutics shares jumped 39.5% to $0.8684 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Impact BioMedical Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBO#NYSE">IBO</a>) gained 115.3% to $0.9990 in pre-market trading after falling around 19% on Thursday.</li>
<li>Mullen Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) rose 82% to $0.1447 in pre-market trading after dipping over 22% on Thursday.</li>
<li>Wellchange Holdings Company Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WCT#NASDAQ">WCT</a>) rose 69.4% to $0.3303 in pre-market trading after jumping 23% on Thursday.</li>
<li>Olema Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLMA#NASDAQ">OLMA</a>) rose 49.3% to $5.00 in pre-market trading.</li>
<li>Entero Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTO#NASDAQ">ENTO</a>) gained 40.1% to $0.6123 in pre-market after gaining 6% on Thursday.</li>
<li>CXApp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXAI#NASDAQ">CXAI</a>) surged 37.6% to $1.11 in pre-market trading after the company reported business performance results for 2024 and announced a net revenue retention rate of 101%.</li>
<li>Soho House &amp; Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHCO#NYSE">SHCO</a>) gained 20% to $7.09 in pre-market trading following a 5% decline on Thursday.</li>
<li>Lionsgate Studios Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LION#NASDAQ">LION</a>) gained 11.1% to $7.90 in pre-market trading after falling 6% on Thursday.</li>
<li>Compass Minerals International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMP#NYSE">CMP</a>) rose 4.5% to $9.61 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Lesaka Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSAK#NASDAQ">LSAK</a>) fell 57.8% to $2.00 in pre-market trading.</li>
<li>Sangamo Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RNAC#NASDAQ">RNAC</a>) shares fell 48.7% to $6.31 in pre-market trading following a 5% decline on Thursday.</li>
<li>Solaris Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLSR#NYSE">SLSR</a>) declined 38.3% to $2.01 in pre-market trading.</li>
<li>Greenfire Resources Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFR#NYSE">GFR</a>) fell 22.6% to $4.21 in pre-market trading after dipping 9% on Thursday.</li>
<li>MeridianLink, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MLNK#NYSE">MLNK</a>) dipped 20.5% to $13.99 in pre-market trading after falling 4% on Thursday.</li>
<li>Insteel Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIIN#NYSE">IIIN</a>) shares tumbled 18.3% to $20.11 in pre-market trading. Insteel Industries will announce its second quarter 2025 earnings on Thursday, April 17.</li>
<li>Global Industrial Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIC#NYSE">GIC</a>) fell 17.3% to $18.00 in today's pre-market trading after dipping 5% in Thursday.</li>
<li>Adaptive Biotechnologies Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>) fell 16.7% to $6.16 in pre-market trading after dipping 7% on Thursday.</li>
<li>Heritage Insurance Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRTG#NYSE">HRTG</a>) shares dipped 16.1% to $13.11 in pre-market trading.</li>
<li>Emerald Holding, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EEX#NYSE">EEX</a>) shares fell 15.7% to $3.21 in pre-market trading.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44641655/guess-simulations-plus-and-3-stocks-to-watch-heading-into-friday">Guess, Simulations Plus And 3 Stocks To Watch Heading Into Friday</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

Movers

Trading Ideas

ADPT

CXAI

ENTO

HRTG

IIIN

LION

LSAK

MLNK

MULN

OLMA

RNAC

SGMO

SHCO

SLSR

Why Sangamo Therapeutics Shares Are Trading Higher By Around 40%; Here Are 20 Stocks Moving Premarket

bp today announced that the company's board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course.

Management

BP Announced Earlier, Chair Helge Lund To Step Down

The tariffs unveiled by U.S. President Donald Trump on Wednesday are resulting in heated battles on social media, between those in favor and those against them.
Nassim Taleb, a renowned mathematician and statistician, and author of books The Black Swan, Antifragile, and Skin In The Game, got into one such tussle with Howard Lutnick, the United States Secretary of Commerce.
What Happened: When asked about his administration&#8217;s new tariffs and its impact on inflation in a CBS Mornings segment, Lutnick was quoted as saying &#8216;Foreign goods may become a little more expensive, but domestic goods do not.&#8217;
Lutnick went on to give an example of &#8216;Poland Springs Water Vs Fiji Water,&#8217; stating that &#8220;Fiji water is going to get more expensive, but Poland Springs is not.&#8221;
This clip of the Treasury Secretary received a swift response from Nassim Taleb on X, who referred to Lutnick as &#8216;Lunatic Lutnick,&#8217; before calling it &#8216;the most ignorant statement.&#8217; Taleb further added that Lutnick &#8220;isn&#8217;t aware of substitution driving all prices up.&#8221;
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The most ignorant statement: &quot;Lunatic Lutnick&quot; isn&#39;t aware of substitution driving ALL prices up. H/t <a href="https://twitter.com/xjr358?ref_src=twsrc%5Etfw">@xjr358</a> <a href="https://t.co/rSF89gJ0Y2">https://t.co/rSF89gJ0Y2</a>
&mdash; Nassim Nicholas Taleb (@nntaleb) <a href="https://twitter.com/nntaleb/status/1907857914741522873?ref_src=twsrc%5Etfw">April 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The Trump Administration is facing a lot of blowback on its monumental new tariffs that have far-reaching consequences for the global economy. 
Jim Cramer, who came out in support of the tariffs last month, has <a href="https://edition.cnn.com/2025/04/03/business/video/jim-cramer-trump-tariffs-ebof-digvid">criticized the haphazard way</a> in which it has been implemented, calling it &#8216;bush league.&#8217; Even Senate Republicans are now <a href="https://www.theguardian.com/us-news/2025/apr/03/republicans-rebuke-trump-tariffs-canada">rebelling against the President</a>, calling it &#8216;bad policy,&#8217; and asking that the 25% tariffs on Canadian products be reversed.
There have, of course, been a few voices in favor of this, with some claiming that it is all aimed at getting America&#8217;s biggest trade partners to negotiate.
This includes Representative Andrew Clyde, who thinks the <a href="https://x.com/RealAmVoice/status/1907512275436748866">tariffs are mainly a tool for leverage</a>, which was espoused by investor Bill Ackman, who <a href="https://www.benzinga.com/markets/equities/25/04/44640503/bill-ackman-just-pick-up-the-phonesays-trump-will-reward-early-dealmakers-punish-tariff-retaliation">asked world leaders to &#8216;just pick up the phone,&#8217;</a> as President Trump &#8216;is at his core, a dealmaker who sees the world as a series of transactions.&#8217; 
Nonetheless, the President, his cabinet, and allies are under pressure from across quarters, with several leading economists, public figures, and intellectuals no longer mincing their words when attacking this administration.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44642463/french-president-macron-suggests-suspension-of-eu-investments-in-us-amid-tariff-turmoil">French President Macron Suggests Suspension Of EU Investments In US Amid Tariff Turmoil, Vows &#8216;More Powerful&#8217; Response</a></li>
</ul>
Photo courtesy: Shutterstock

Government

Economics

Black Swan Author Nassim Taleb Calls Out Howard Lutnick's Tariff Logic: 'Most Ignorant Statement'

French President Emmanuel Macron has called on European companies to halt their planned investments in the United States. This comes after U.S. President Donald Trump announced&nbsp;global tariffs on American imports.
What Happened: Macron made this appeal&nbsp;during a meeting with French&nbsp;industry representatives. He advised that any forthcoming or recently announced investments should be paused until there is clarity with the United States, reported Reuters.
Macron did not dismiss any reaction to Trump&#8217;s tariffs and proposed employing&nbsp;the anti-coercion mechanism, an EU&nbsp;tool designed to protect the bloc&#8217;s trade. He also proposed countermeasures focusing on the U.S. economy&#8217;s digital services and financial systems.
See Also:&nbsp;<a href="https://benzinga.com/trading-ideas/movers/25/04/44640359/bitcoin-ethereum-steady-dogecoin-falls-as-trump-trade-moves-crash-stocks-why-arthur-hayes-believes-tariffs-will-be-good-for-btc" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum Steady, Dogecoin Falls As Trump Trade Moves Crash Stocks: Why Arthur Hayes Believes Tariffs Will Be Good For BTC &#8211; Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undiv</a>
The French President asserted that the reaction to Trump&#8217;s &#8216;Liberation Day&#8217; tariffs would be &#8220;more powerful&#8221; than their previous retaliation to U.S. steel and aluminum tariffs. Macron characterized the tariffs as &#8220;brutal and unfounded&#8221;, a jolt to international trade, and stressed that Europe must respond &#8220;industry by industry&#8221;.
Why It Matters: This development comes on the heels of a&nbsp;significant <a href="https://www.benzinga.com/25/03/44188912/trump-unveils-20-billion-investment-in-us-shipping-infrastructure-by-french-shipping-giant-cma-cgm">$20 billion investment</a>&nbsp;in U.S. shipping logistics and terminals by French shipping giant CMA CGM, announced by Trump earlier in March. 
On March 27, top French automation manufacturer Schneider Electric announced its plans to invest $700 million in the U.S. for facility upgrades, expansions, and new openings across eight locations in Texas, Tennessee, Ohio, North Carolina, Massachusetts, and Missouri.
Moreover, the European Union had previously decided to <a href="https://www.benzinga.com/markets/25/03/44431414/eu-hits-pause-on-the-retaliatory-tariffs-on-us-goods-until-mid-april-does-not-diminish-the-impact-of-our-response">delay the imposition </a>of retaliatory tariffs on U.S. goods until mid-April, a move seen as a strategic attempt to de-escalate the trade dispute. Macron&#8217;s stance indicates a shift in the EU&#8217;s approach to the ongoing trade tensions with the U.S.
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/news/25/04/44630762/mark-cuban-says-black-women-entrepreneurs-should-stop-looking-for-funding-heres-the-surprising-reason-why" target="_blank" rel="noreferrer noopener">Mark Cuban Says Black Women Entrepreneurs Should &#8216;Stop Looking For Funding&#8217;—Here&#8217;s The Surprising Reason Why</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

French President Macron Suggests Suspension Of EU Investments In US Amid Tariff Turmoil, Vows 'More Powerful' Response

Most of us can agree that tax season is the worst group project you never signed up for. You're juggling bank logins, random 1099s from that one freelance gig, TurboTax security questions you forgot the answers to, and maybe your kid's Social Security number scribbled on a Post-it. Sound familiar? Cool, now imagine doing all of that without exposing your entire financial identity to cybercriminals waiting in the digital shadows.
Welcome to the chaos. Now meet the solution: <a href="http://www.jdoqocy.com/click-8392357-17047256">1Password</a>.
<h2 class="wp-block-heading">Tax Season Is Cybercrime Season</h2>
Here&#8217;s a fun stat: every year, millions of people become targets of phishing scams, fake IRS emails, and identity theft all because they're distracted by deductions and refund dreams. Cybercriminals love tax season. Why? Because people are stressed, disorganized, and working across 10+ websites without a safety net.
Your personal info is flying around the internet like confetti, and if you're reusing the same weak password across your bank, W-2 portal, and tax prep software… yikes. It's not just risky, it's basically gift-wrapping your identity for a hacker.
<h2 class="wp-block-heading">Prep Like a Pro&nbsp;</h2>
Before you even touch a tax form, you need to get organized. Think of 1Password as your digital prep buddy.
<ul>
<li>Store your W-2s, 1099s, and financial docs securely</li>
<li>Save login credentials for every account you need (banking, payroll, IRS portal, etc.)</li>
<li>Create ultra-secure, unique passwords for each one</li>
<li>Securely store and access family identification like SSNs</li>
<li>Share docs safely with your partner or accountant without screenshotting everything</li>
</ul>
No more digging through old emails or resetting your password for the fifth time this week. It's all right there in <a href="http://www.jdoqocy.com/click-8392357-17047256">your 1Password Vault</a>. Stress level? Decreased. Sanity? Restored.
<h2 class="wp-block-heading">The Autofill That Actually Works</h2>
We've all been there, logging into some government tax portal that looks like it hasn't been updated since 2004. You finally get in… and then spend 15 minutes copying and pasting addresses, tax IDs, and account numbers.
With 1Password, that's over.
Your info autofills instantly and securely. Which means less time form-filling and more time doing literally anything else. Whether you're uploading documents to your CPA or filing through tax software, 1Password's autofill feature is your new MVP.
<h2 class="wp-block-heading">"Where Did I Put That Return?"</h2>
Post-tax season is the vibe shift no one talks about. You've filed, paid (or hopefully refunded), and now… where do you save the actual return?
With 1Password, you can store digital copies of your return, IRS letters, and anything else you might need when the IRS inevitably mails you something terrifying-looking in August. Encrypted, searchable, and retrievable in seconds.&nbsp;
<h2 class="wp-block-heading">Your Tax Data. Your Terms.</h2>
Here's <a href="http://www.jdoqocy.com/click-8392357-17047256">the real magic of 1Password</a>: once you start using it for tax season, you realize how much more peace of mind you get in the long run. You&#8217;re not just surviving April, you're future-proofing your financial life.
<ul>
<li>No more password reuse</li>
<li>No more forgotten logins</li>
<li>No more "wait, where's my AGI from last year?"</li>
</ul>
1Password doesn't just keep your data safe, it keeps you sane.
<h2 class="wp-block-heading">Why You Need 1Password This Tax Season</h2>
Let's recap: Tax season is a cybersecurity minefield. You're juggling sensitive info across multiple platforms. 1Password stores, protects, and autofills everything you need, securely.
You don't have to do this the hard way. <a href="http://www.jdoqocy.com/click-8392357-17047256">Get 1Password and lock down your tax game.</a> 
This advertorial article was paid for by, and created in collaboration with, 1Password. Benzinga may earn commission for activities resulting from clicking on a link to 1Password on this Page.

Tech

Personal Finance

1Password's Guide to Surviving Tax Season (Without Melting Down)

President Donald Trump&#8216;s 25% tariffs on auto imports have sent shockwaves through the integrated North American automotive supply chain, prompting <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44630499/trump-auto-tariffs-could-up-car-prices-by-15k-analyst-calls-it-pure-chaos">divergent responses from major manufacturers</a> as United Auto Workers leadership criticizes job cuts.
What Happened: Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>) announced Thursday it will temporarily lay off 900 workers at five U.S. facilities and pause production at assembly plants in Mexico and Canada. The affected U.S. sites include Warren Stamping, Sterling Stamping, Indiana Transmission Plant, Kokomo Transmission Plant, and Kokomo Casting Plant.
&#8220;We&#8217;re continuing to assess the medium- and long-term effects of these tariffs on our operations, but also have decided to take some immediate actions,&#8221; Antonio Filosa, Stellantis&#8217; chief operating officer for the Americas, wrote in a letter to employees.
In contrast, General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) plans to increase light-duty truck production at its Fort Wayne, Indiana, assembly plant, according to a company webcast viewed by Reuters. The expansion will add 225-250 jobs at the facility, which manufactures Chevrolet Silverado and GMC Sierra trucks.
UAW President Shawn Fain criticized Stellantis&#8217; decision, calling the layoffs &#8220;completely unnecessary&#8221; and arguing the company has &#8220;the money, the capacity, the product, and the workforce to employ thousands more UAW members.&#8221;
See Also: <a href="https://www.benzinga.com/news/25/04/44642148/cliff-asness-slams-tariff-logic-idiots-bray-like-theyve-scored-a-pointwarns-recession-driven-deflation-isnt-a-feature">Cliff Asness Slams Tariff Logic: &#8216;Idiots Bray Like They&#8217;ve Scored A Point:&#8217; Warns Recession-Driven Deflation Isn&#8217;t A Feature</a>
Why It Matters: Trump&#8217;s tariffs, which also include a 10% baseline on all imports, have sent automaker stocks tumbling. Stellantis shares fell 9.41% in New York trading on Thursday, while GM lost 4.34%.
Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) responded to the tariffs by <a href="https://www.benzinga.com/25/04/44641009/ford-launches-from-america-for-america-discount-program-as-tariffs-threaten-vehicle-price-surge">extending employee pricing to all customers</a> through Jun. 2, a promotion the company described as helping Americans navigate &#8220;uncertain times.&#8221;
Wedbush Securities analyst Dan Ives called the situation a &#8220;tariff torpedo&#8221; and &#8220;pure chaos&#8221; for the industry, estimating potential price increases of $5,000-$10,000 per vehicle, with luxury models <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/44630499/trump-auto-tariffs-could-up-car-prices-by-15k-analyst-calls-it-pure-chaos">seeing hikes up to $15,000</a>.
White House spokeswoman Karoline Leavitt defended the tariffs <a href="https://www.newsnationnow.com/politics/karoline-leavitt-trump-tariffs-deportations/">on</a> NewsNation, saying, &#8220;They can expect their wages to go up&#8230; There&#8217;s not going to be any pain for American-owned companies and American workers because their jobs are going to come back home.&#8221;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/04/44632423/kevin-o-leary-says-by-33-you-should-have-100000-saved-somewhere-thats-the-age-when-its-really-time-to-start-getting-focused" target="_blank" rel="noreferrer noopener">Kevin O' Leary Says By 33, You Should Have $100,000 Saved ‘Somewhere' — ‘That's the Age When it's Really Time to Start Getting Focused</a>‘</li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

STLA

Trump's 25% Auto Tariffs Spark Stellantis Layoffs, GM Expansion: UAW's Shawn Fain Calls Job Cuts 'Completely Unnecessary'

The S&amp;P 500 and Nasdaq 100 indices fell sharply on Thursday after President Donald Trump announced sweeping tariffs on U.S. trading partners, following the market close on Wednesday. The indices have logged double-digit declines since Trump&#8217;s inauguration on Jan. 20, and technical charts indicate bearish momentum.
What Happened: The S&amp;P 500 index slumped 4.84% to 5,396.52 points on Thursday, declining by 10.79% since Trump&#8217;s inauguration day, when the index jumped with joy as the Republican president began his term on Jan. 20.
Nasdaq 100, on the other hand, spiraled 5.41% to 18,521.48 points, down by 14.12% since Trump&#8217;s inauguration.
However, during former President Barack Obama&#8216;s tenure, the S&amp;P 500 rose 4.10% and the Nasdaq 100 gained 1.78% between his inauguration on Jan. 20, 2013, and April 3, 2013.
Similarly, the S&amp;P 500 rose 5.87% and the Nasdaq 100 advanced 2.27% from Jan. 20, 2021, to April 3, 2021, during ex President Joe Biden&#8216;s tenure.
Technical analysis of the exchange-traded funds tracking these indices, namely SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), indicated a bearish trend and weakening momentum according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
<h3 class="wp-block-heading">SPY</h3>
As of Thursday&#8217;s close, SPY was at $536.70, which was below its short and long-term averages. While that clearly signaled a bearish trend, the relative strength index at 31.62 was close to the oversold territory.
The momentum indicator, MACD, also pointed toward a weaker trend. SPY&#8217;s MACD line was at -7.98, showing that its 12-period exponential moving average is below the 26-period EMA.
Additionally, the histogram was negative at -0.77, meaning that the MACD line was falling further below the signal line. This depicts that the bearish momentum is increasing.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new-1024x576.png" alt="" class="wp-image-856841" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020856/SPY-technical-chart-new.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
See Also: <a href="https://www.benzinga.com/25/04/44624245/tariffs-to-plug-the-hole-for-income-tax-cuts-to-come-economists-predict-what-more-could-be-expected">Trump Tariffs To &#8216;Plug The Hole&#8217; For Income Tax Cuts To Come: Economists Predict What More Could Be Expected</a>
<h3 class="wp-block-heading">QQQ</h3>
QQQ closed at $450.66 on Thursday, and it was also below its short and long-term simple moving averages. The RSI at 31.45 was closer to the oversold zone, whereas its MACD line was much below the signal line with a negative -9.77 metric.
These factors indicated a strong bearish trend for QQQ as well.
<figure class="wp-block-image size-large"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new-1024x576.png" alt="" class="wp-image-856842" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04020907/QQQ-technical-chart-new.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Price Action: Apart from its move from the inauguration day on Jan. 20, both indices were also in the correction zone as they plunged below 10% from their previous highs.
The S&amp;P 500 index was down 12.22% from its record high of 6,147.43 points, scaled on Feb. 19. Whereas, the Nasdaq 100 was 16.65% lower from its 52-week high of 22,222.61 points, essentially getting closer to the bear market territory of -20%.
On Friday, the futures of the Dow Jones index dropped 0.31%, whereas the S&amp;P 500 and Nasdaq 100 indices also declined by 0.27% and 0.26%, respectively.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44623855/billionaire-investor-ray-dalio-warns-of-abrupt-unconventional-changes-in-markets-heres-how-the-tariff-machine-aff" target="_blank" rel="noreferrer noopener">Ray Dalio Warns Of ‘Abrupt, Unconventional Changes' In Markets: Here's How The ‘Tariff Machine' Affects Currency, Monetary And Fiscal Policies</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

Futures

S&P 500 Plummets 10.8%, Nasdaq 100 Corrects 14.1% Since Trump's Inauguration: Here's How It Compares To Obama And Biden Eras

Jim Cramer has voiced his displeasure over the prevailing tariff policies, terming it a &#8216;manmade disaster&#8217; that has led to a downturn in the stock market.
What Happened: Jim Cramer, recognized for his shows &#8216;Mad Money&#8217; and &#8216;Squawk on the Street&#8217;, slammed the current administration&#8217;s tariff policies in an interview on CNN. He argued that the tariffs are not reciprocal as pledged, but are instead one-sided and inconsistent, potentially leading to significant harm.
&#8220;Let's get one thing straight: I've never been a free trader. Never. I'm a fair trader—always have been, from my days running a hedge fund to my time yelling about stocks on CNBC,&#8221; stated Cramer.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="‘I feel like a sucker': Jim Cramer says he was wrong to have believed Trump on tariffs" width="500" height="281" src="https://www.youtube.com/embed/xLNdq907dfI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Cramer claimed that the tariffs have led to job losses in small towns, decimated pensions, and left people in the lurch. He expressed his disappointment, stating that he had faith&nbsp;in the promise of reciprocal&nbsp;trade. &#8220;I&nbsp;was all in. It made&nbsp;sense. It was fair. It&nbsp;was a chance to level&nbsp;the playing field. But what&nbsp;did we get instead? A&nbsp;mess,&#8221; he lamented.
See Also:&nbsp;<a href="https://benzinga.com/news/25/04/44630762/mark-cuban-says-black-women-entrepreneurs-should-stop-looking-for-funding-heres-the-surprising-reason-why" target="_blank" rel="noreferrer noopener">Mark Cuban Says Black Women Entrepreneurs Should &#8216;Stop Looking For Funding&#8217;—Here&#8217;s The Surprising Reason Why</a>
The Mad Money Host also feels that the White House&#8217;s new tariffs are unbalanced, inconsistent, and potentially harmful. The numbers don't add up—some countries impose $100 billion in tariffs on the U.S., while the U.S. only applies $10 billion in return, with some tariffs as low as 2.5%, opined Cramer. 
Why It Matters: Cramer&#8217;s criticism of the current tariff policies marks a significant shift in his stance. In March, Cramer had called himself &#8216;<a href="https://www.benzinga.com/markets/equities/25/03/44535985/jim-cramer-says-he-is-pro-tariff-and-hates-free-trade-its-cost-us-fortunes">Pro-Tariff&#8217;</a> and voiced his opposition to free trade, blaming it for the ruin of small towns in the U.S. His recent comments indicate a change in perspective, reflecting his disappointment with the implementation of the tariff policies and their impact on the economy.
Cramer also called the calculations behind the tariffs a &#8220;ridiculous mathematical equation.&#8221; According to Cramer, the repercussions of these policies have been a slump in the stock market and financial losses for individuals. He urged the administration to rectify the trade policy trajectory and restore jobs.
On the other hand, JPMorgan analyst Thomas Kennedy feels that tariffs could bring in a profound change in the long term. He believes that the era of globalization has come to an end. &#8220;&#8230;there will be a re-industrialization of America and that has real estate implications.&#8221;
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/25/04/44639682/trump-gets-sued-over-china-tariffs-congress-did-not-grant-presidents-blank-check-to-write-domestic-policy" target="_blank" rel="noreferrer noopener">Trump Gets Sued Over China Tariffs: Congress Did Not Grant Presidents &#8216;Blank Check To Write Domestic Policy&#8217;</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Jim Cramer Slams Trump's New Tariffs Despite Calling Himself 'Pro-Tariff,' Labels It A 'Manmade Disaster'

<h3>Companies Reporting Before The Bell</h3>
• American Shared Hospital (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/AMS#AMEX">AMS</a>) is expected to report quarterly earnings at $0.01 per share on revenue of $7.70 million. 
<h3>Companies Reporting After The Bell</h3>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Scheduled For April 4, 2025

On Thursday, the technology sector witnessed a major drop,&nbsp;with the Nasdaq closing 6%&nbsp;lower. This marked the most severe single-day decline for tech stocks in over five years.
What Happened: The sharp fall triggered widespread apprehension regarding the future of the tech sector. Dan Ives, the Global Head of Technology Research at Wedbush Securities, spoke to <a href="https://www.youtube.com/watch?v=Miyrnlfi_10">CNBC </a>and linked the market&#8217;s downfall to the proposed tariffs and their potential effects on global supply chains and consumer costs.
The tech sector, traditionally a favorite among investors, found itself in a vulnerable position due to fears of economic disruption. Ives characterized the situation as &#8220;essentially an economic Armageddon&#8221; if the current tariff proposals, which could impose&nbsp;a 54% duty on Chinese imports, are not revised.
Companies with significant exposure to China, such as Nvidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and various semiconductor firms, bore the brunt of the sell-off. The Magnificent Seven stocks saw a collective market cap loss of over $1 trillion on Thursday.
Ives underscored the unprecedented uncertainty that has gripped the market, stating, &#8220;This is as nervous as I&#8217;ve seen investors since Covid March 2020.&#8221;
In the run-up to upcoming earnings calls, Ives identified three key factors for investors to watch: 
Firstly, the future of the tariffs is uncertain. Economic Advisor Peter Navarro hinted at possible negotiations, but if the tariffs remain, Ives warned they could reduce demand by 15–20% due to rising costs. Second, the lack of clear guidance from companies due to the &#8216;head-scratching nature of the tariffs&#8217; could exacerbate market jitters. Finally, Ives pointed to specific areas of focus: the AI revolution, data center buildouts, and consumer-facing products like the iPhone.
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/04/44636065/bitcoin-ethereum-xrp-dogecoin-dump-on-tariff-news" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, XRP, Dogecoin Dump On Tariff News &#8211; Benzinga</a>
Why It Matters: Dan Ives is usually bullish on the potential for technology, however, he has turned cautious as the proposed tariffs, aimed at bolstering domestic manufacturing, could instead disrupt&nbsp;supply chains that have been&nbsp;fine-tuned over decades. 
Ives highlighted the gap between policy statements and real-world challenges, warning that moving production entirely to the U.S. could significantly raise costs for tech giants like Apple.
"Talking in front of a microphone in the 202 area code is a lot different than the reality of moving the supply chain."
Despite the current market upheaval, Ives maintains a cautious optimism for the long term, advising investors to look beyond the immediate chaos and consider&nbsp;potential buys if tariff fears&nbsp;ease. 
"You have to look on the other side, assuming some sort of normalized earnings into 2025 and even 2026," he advised, naming Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Apple as potential buys if tariff fears subside.
Vanguard Information Technology Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>) dropped 7.24%, while the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) fell 6.82% on Thursday. 
<ul>
<li>Read Next:&nbsp;<a href="https://benzinga.com/25/04/44640598/xrp-emerges-as-retail-favorite-outpacing-bitcoins-institutional-rally-analyst-explains-how-trajectories-of-the-two-cryptos-differ" target="_blank" rel="noreferrer noopener">XRP Emerges As Retail Favorite, Outpacing Bitcoin&#8217;s Institutional Rally: Analyst Unpacks Their Distinct Journeys &#8211; Benzinga</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AAPL

As Nvidia, Apple And Other Mag 7 Stocks Wipe Out Over $1 Trillion In Investor Wealth On Thursday, Top Analyst Warns Of 'Economic Armageddon' For Tech Sector If Current Tariffs Remain

Investors who might have heeded Eric Trump's advice and bought Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) dip have had little to rejoice, as the apex cryptocurrency has failed to chart a bullish reversal.
What happened: In an X post on Feb. 25, the Executive Vice President of The Trump Organization <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44106531/eric-trump-said-buy-the-dips-in-february-but-peter-schiff-isnt-buying-the-genius-bitcoin-xrp-cardano-strategic-reserve-announcement">wrote</a>, &#8220;₿uy the dips,&#8221; using the recognizable symbol of the world's largest cryptocurrency
The recommendation, which came shortly after Bitcoin fell below $90,000, elicited reactions from the who's who of the cryptocurrency industry, including Strategy Executive Chairman Michael Saylor, who called it, "The ₿est Advice."
Fast forward to the present, and the asset has sunk further to $83,158, marking a 6% decline. So, let's say if you invested $1000 after Trump's advice, it would have reduced to $940 by now.
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> Bitcoin Reeling From Trump&#8217;s &#8216;Liberation Day&#8217; Shock But These Gold-Backed Coins Are Killing It This Year</a>
Interestingly, Bitcoin's staunch critic Peter Schiff had likened Trump's remark to what whales want the smaller players to do so that they can exit the market.
"Dip buying has worked in the past as more air kept coming into the bubble. But there&#8217;s no way to know which dip is the beginning of the final collapse of the pyramid scheme," Schiff said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">That&#39;s what Bitcoin whales want the minnows to do so they can get out. Dip buying has worked in the past as more air kept coming into the bubble. But there&#39;s no way to know which dip is the beginning of the final collapse of the pyramid scheme.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1894432656705675461?ref_src=twsrc%5Etfw">February 25, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Bitcoin, like the entire cryptocurrency market, has been pushed into a correction from its January highs, owing to recession fears fanned by President Donald Trump&#8217;s <a href="https://in.benzinga.com/news/global/25/04/44632479/retail-stocks-slammed-as-trumps-tariff-plan-sends-shockwaves-through-sector">tariff measures on key trading partners</a>.
It&#8217;s worth noting that influential figures such as venture capitalist Tim Draper and BitMex co-founder Arthur Hayes have set a <a href="https://in.benzinga.com/25/03/44345006/arthur-hayes-predicts-bitcoin-surge-to-250000-by-year-end-says-current-downturn-is-clearing-out-deadwood-short-term-pain">$250,000</a> target for Bitcoin by year-end. Similarly, Standard Chartered Bank predicted that the leading asset will reach $200,000, defying recession fears and Trump&#8217;s trade policies.
Eric Trump offered a similar suggestion regarding Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), saying, "It&#8217;s a great time to add ETH." Since then, the second-largest cryptocurrency <a href="https://in.benzinga.com/25/03/44240035/ethereum-shrinks-over-30-since-eric-trumps-great-time-to-add-eth-suggestion">has plummeted 37%</a>, eroding nearly $130 billion worth of investors' wealth in the process.
Price Action:  At the time of writing, Bitcoin was exchanging hands at $83,158, down 0.24% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44620779/onlyfans-founders-startup-and-hbar-foundation-enter-the-race-to-acquire-tiktok-us-to-maintain-american-ownership-and-governance">OnlyFans Founder&#8217;s Startup And HBAR Foundation Enter Race To Acquire Tiktok To Maintain &#8216;American Ownership And Governance&#8217;</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$ETH

Eric Trump Pitched Buying The Bitcoin Dip When It Fell Below $90,000 — 5 Weeks Later, BTC Is Yet To Rip But Is There Still Hope?

<figure class="table"> 
<table>
<tbody>
<tr>
<td>1Q 2025</td>
<td>1Q 2024</td>
<td>YoY%</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>China Market</td>
<td>183,065</td>
<td>110,115</td>
<td>66%</td>
</tr>
<tr>
<td>International Markets</td>
<td>20,248</td>
<td>19,024</td>
<td>6%</td>
</tr>
<tr>
<td>Total</td>
<td>203,313</td>
<td>129,139</td>
<td>57%</td>
</tr>
</tbody>
</table>
</figure>
In the first quarter of 2025, NIU sold 203,313 units, with 183,065 units sold in China and 20,248 units sold in international markets.

Niu Technologies Provides Q1 2025 Sales Volume Update; Sold 203,313 Units (+57% YoY), With 183,065 Units Sold In China And 20,248 Units Sold In International Markets

Cliff Asness, Chief Investment Officer at AQR Capital Management, criticized proponents of tariffs Thursday, challenging claims that tariffs lead to deflation rather than inflation.
What Happened: &#8220;Idiots say this and bray like they&#8217;ve scored a great point,&#8221; Asness wrote on X. &#8220;What they mean is giant arbitrary tariffs are so bad they eventually cause recessions which then cause deflation. They then present this as a feature.&#8221;
His comments came in response to Anthony Pompliano, Founder &amp; CEO of Professional Capital Management and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) bull, who had said, &#8220;Tariffs don&#8217;t create inflation. The exact opposite happens.&#8221;
The exchange occurs as JPMorgan Chase &amp; Co. <a href="https://in.benzinga.com/25/04/44608617/jp-morgan-hikes-us-recession-odds-to-40-tariffs-create-a-dilemma-for-the-fed">recently raised its U.S. recession probability</a> to 40% from 30%, citing President Donald Trump&#8216;s trade policies as a key factor. According to JPMorgan&#8217;s chief global economist Bruce Kasman, upcoming trade measures would lift effective U.S. tariff rates above 10%, potentially cutting 0.5 percentage points from both <a href="https://in.benzinga.com/25/04/44608617/jp-morgan-hikes-us-recession-odds-to-40-tariffs-create-a-dilemma-for-the-fed">global and U.S. GDP in 2025</a>.
Kasman identified three key risks: eroding investor confidence, disruptions to supply chains, and constraints on the Federal Reserve&#8217;s ability to counteract damage through monetary easing. &#8220;The combination of higher inflation and weaker employment growth creates a dilemma for the Fed,&#8221; noted Michael Feroli, JPMorgan&#8217;s chief U.S. economist.
See Also: <a href="https://www.benzinga.com/markets/equities/25/04/44640787/mark-cuban-warns-of-price-hikessays-buy-consumables-now-before-retailers-blame-tariffs">Mark Cuban Warns Of Price Hikes, Says &#8216;Buy Consumables Now,&#8217; Before Retailers Blame Tariffs</a>
Why It Matters: Cryptocurrency betting markets reflect growing concerns, with Polymarket showing the odds of a 2025 recession jumping from 46% to 54% in just 24 hours following Trump&#8217;s &#8220;Liberation Day&#8221; tariff announcement. Over $1 million has been <a href="https://in.benzinga.com/markets/cryptocurrency/25/04/44640419/recession-in-2025-crypto-betters-now-see-over-50-probability-after-trumps-sweeping-tariff-rollout">wagered on this outcome</a>.
Not all <a href="https://in.benzinga.com/markets/equities/25/03/44239278/cathie-wood-stands-by-deflationary-boom-call-as-gene-munster-compares-market-turmoil-to-dot-com-bubble">experts share the pessimistic outlook</a>. Ark Funds CEO Cathie Wood continues to forecast a &#8220;deflationary boom&#8221; for the second half of 2025, arguing that the market is pricing in &#8220;the last leg of a rolling recession.&#8221;
Meanwhile, veteran strategist Ed Yardeni has reduced his odds for his bullish &#8220;Roaring 2020s&#8221; scenario from 65% to 55%, raising stagflation probability to 45% amid concerns that tariffs will squeeze corporate profit margins and push inflation higher.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/25/04/44632423/kevin-o-leary-says-by-33-you-should-have-100000-saved-somewhere-thats-the-age-when-its-really-time-to-start-getting-focused" target="_blank" rel="noreferrer noopener">Kevin O&#8217; Leary Says By 33, You Should Have $100,000 Saved ‘Somewhere&#8217; — ‘That&#8217;s the Age When it&#8217;s Really Time to Start Getting Focused</a>‘</li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Cliff Asness Slams Tariff Logic: 'Idiots Bray Like They've Scored A Point:' Warns Recession-Driven Deflation Isn't A Feature

The CBOE VIX, which is also known as the volatility index or the fear gauge, zoomed 39.56% to close at 30.02 on Thursday following the tariffs imposed by President Donald Trump.
What Happened: According to Charlie Bilello, the chief market strategist at Creative Planning, the VIX index closed at its highest level since Aug. 5, 2024.
&#8220;Fear is on the rise and stocks are on sale, providing more opportunities for long-term investors,&#8221; he said.
Bilello also highlighted the historical data and said that the S&amp;P 500 has given &#8220;higher than average&#8221; returns after the biggest volatility spikes in the past.
The data shared by him shows that after a similar spike on Aug. 5, 2024, the S&amp;P 500 index returned 6% over one month, 11% over three months, and 18% over the next six months. 
On average, the S&amp;P 5000 index has gained 12%, six months after such volatility spikes and 21% after a year. 
&#8220;More Fear = More Opportunity,&#8221; said Bilello in an X post.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The <a href="https://twitter.com/search?q=%24VIX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VIX</a> spiked nearly 40% higher today and closed above 30 for the first time since last August. What has happened in the past following the biggest volatility spikes? Higher than average forward S&amp;P 500 returns. More Fear = More Opportunity<a href="https://t.co/wMMGtwYloS">https://t.co/wMMGtwYloS</a> <a href="https://t.co/vVEN5vUBD1">pic.twitter.com/vVEN5vUBD1</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1907910013743722855?ref_src=twsrc%5Etfw">April 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/government/regulations/25/04/44625746/wall-street-worries-mount-as-bearish-sentiment-hits-highest-level-since-2009-amid-trumps-t">Wall Street Worries Mount As Bearish Sentiment Hits Highest Level Since 2009 Amid Trump&#8217;s Tariffs</a>
Why It Matters: The benchmark indices have slipped into the correction zone as they have plunged below 10% from their previous highs.
The S&amp;P 500 index was down 12.22% from its record high of 6,147.43 points, scaled on Feb. 19. Whereas, the Nasdaq 100 was 16.65% lower from its 52-week high of 22,222.61 points, essentially getting closer to the bear market territory of -20%.
The Dow Jones Industrial Average, on the other hand, was 10.05% lower than its previous high of 45,073.63 points, as of Thursday.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, slumped in trade on Thursday. The SPY was down 4.93% to $536.70, while the QQQ declined 5.35% to $450.66, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Friday, the futures of the Dow Jones index dropped 0.32%, whereas the S&amp;P 500 and Nasdaq 100 indices also declined by 0.27% and 0.23%, respectively.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44622754/tariffs-are-most-expensive-and-masochistic-could-cost-30-trillion-to-the-economy-erasing-300k-per-family-explains-former-treasury-secretary-larry-summers" target="_blank" rel="noreferrer noopener">Trump Tariffs Could Cost $30 Trillion Or About $300,000 Per Family, Says Former Treasury Secretary Larry Summers: ‘Most Expensive And Masochistic'</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Color

Volatility Gauge Vix Surges To An 8-Month High: 'More Fear Equals More Opportunity,' Says Analyst

The CNN Money Fear and Greed index showed a sharp decline in the overall market sentiment, while the index remained in the &#8220;Extreme Fear&#8221; zone on Thursday.
U.S. stocks settled lower on Thursday, with the Nasdaq Composite dipping around 6% during the session following the announcement of new trade tariffs by President Donald Trump.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares dipped around 9.3%, recording their worst day since March 2020. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) tumbled 7.8%, while Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) dropped 9% on Thursday.
Lamb Weston Holdings Inc. (NYS E: LW) shares, however, gained 10% after the company reported better-than-expected third-quarter financial results and issued FY25 sales guidance above estimates.
On the economic data front, U.S. initial jobless claims fell by 6,000 to 219,000 in the week ending March 29, compared to market estimates of 225,000. The U.S. trade deficit shrank to $122.7 billion in February compared to $130.7 billion in the previous month and versus market estimates of a $123.5 billion gap. The ISM services PMI dipped to 50.8 in March versus a reading of 53.5 in February, and down from market estimates of 53.
Most sectors on the S&amp;P 500 closed on a negative note, with consumer discretionary, energy, and information technology stocks recording the biggest losses on Thursday. However, consumer staples stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed lower by around 1,679 points to 40,545.93 on Thursday. The S&amp;P 500 dipped 4.84% to 5,396.52, while the Nasdaq Composite tumbled 5.97% to 16,550.61 during Thursday's session.
Investors are awaiting earnings results from American Shared Hospital Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMS#NYSE">AMS</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 7.7, the index remained in the &#8220;Extreme Fear&#8221; zone on Thursday, versus a prior reading of 18.6.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44626468/top-3-risk-off-stocks-that-are-ticking-portfolio-bombs">Top 3 Risk Off Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Nasdaq Dips 6% Following Trump's Tariffs As Nvidia, Apple Decline: Investor Sentiment Plunges, Greed Index Remains In 'Extreme Fear' Zone

Faraday Future Intelligent Electric Inc. - Class A Common Stock

FFAI

Faraday Future Calls U.S. Tariff Policy A 'Structural Opportunity' For Growth And Innovation In Domestic EV Market

Levi Strauss &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEVI#NYSE">LEVI</a>) will release earnings results for the first quarter, after the <a href="https://www.benzinga.com/quote/LEVI/earnings">closing bell on Monday, April 7</a>.
Analysts expect the company to report quarterly earnings at 28 cents per share, up from 26 cents per share in the year-ago period. Levi Strauss projects to report quarterly revenue at $1.54 billion, compared to $1.56 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Jan. 29, Levi Strauss reported quarterly earnings of 50 cents per share which beat the analyst consensus estimate of 48 cents per share. The company reported quarterly sales of $1.840 billion which beat the analyst consensus estimate of $1.728 billion.
Levi Strauss shares tumbled 13.7% to close at $14.44 on Thursday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/GBX/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>UBS analyst Jay Sole maintained a Buy rating and cut the price target from $26 to $25 on Feb. 3, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and cut the price target from $18 to $17 on Jan. 30, 2025. This analyst has an accuracy rate of 63%.</li>
<li>Wells Fargo analyst Ike Boruchow maintained an Equal-Weight rating and slashed the price target from $20 to $17 on Jan. 30, 2025. This analyst has an accuracy rate of 70%.</li>
<li>JP Morgan analyst Matthew Boss maintained a Neutral rating and cut the price target from $21 to $19 on Jan. 24, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Citigroup analyst Paul Lejuez maintained a Neutral rating and lowered the price target from $21 to $19 on Jan. 17, 2025. This analyst has an accuracy rate of 64%.</li>
</ul>
Considering buying LEVI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="594" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04030323/image-39-1024x594.png" alt="" class="wp-image-856935" style="width:546px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04030323/image-39-1024x594.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04030323/image-39-300x174.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04030323/image-39-768x446.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/04030323/image-39.png 1137w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44626468/top-3-risk-off-stocks-that-are-ticking-portfolio-bombs">Top 3 Risk Off Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

Price Target

Analyst Ratings

LEVI

Top Wall Street Forecasters Revamp Levi Strauss Price Expectations Ahead Of Q1 Earnings

With U.S. stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects American Shared Hospital Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMS#NYSE">AMS</a>) to report quarterly earnings at 1 cent per share on revenue of $7.70 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. American Shared Hospital Services shares rose 0.3% to $2.97 in after-hours trading.</li>
<li>Guess? Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GES#NYSE">GES</a>) reported upbeat results for its fourth quarter and named Alberto Toni as CFO. The company said it sees FY26 revenue to increase 3.9% &#8211; 6.2% in US Dollars and adjusted EPS of $1.32 &#8211; $1.76. Guess shares fell 2.4% to $9.80 in the after-hours trading session.</li>
<li>NeuroOne Medical Technologies Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMTC#NASDAQ">NMTC</a>) disclosed a common stock public offering. NeuroOne Medical shares dipped 36.1% to $0.5499 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Simulations Plus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLP#NASDAQ">SLP</a>) posted stronger-than-expected results for its second quarter and issued upbeat FY25 earnings forecast. Simulations Plus shares gained 2.5% to $24.41 in the after-hours trading session.</li>
<li>Sangamo Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGMO#NASDAQ">SGMO</a>) announced a new agreement with pharmaceutical giant Eli Lilly And Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), granting the company a worldwide exclusive license to leverage the company's novel proprietary neurotropic adeno-associated virus (AAV) capsid, STAC-BBB. Sangamo Therapeutics shares jumped 47.7% to $0.9193 in after-hours trading.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44626468/top-3-risk-off-stocks-that-are-ticking-portfolio-bombs">Top 3 Risk Off Stocks That Are Ticking Portfolio Bombs</a> </li>
</ul>
Photo via Shutterstock

NMTC

Guess, Simulations Plus And 3 Stocks To Watch Heading Into Friday

<ul>
<li>CenterPoint proposal to remove emergency temporary generation costs would lower monthly bills immediately and by as much as $2 per month by 2027</li>
<li>&nbsp;15 generation units would be sent to San Antonio area by Summer 2025 to help meet Texas' current and future energy needs</li>
</ul>

DVAX

Reported Earlier, CenterPoint Energy Moves To Reduce Electric Bills By Up To $2 Monthly By 2027

President Donald Trump's <a href="https://in.benzinga.com/news/global/25/04/44631606/trumps-tariff-exemptions-include-semiconductors-pharmaceuticals-oil-and-more">new reciprocal tariffs</a> could undermine the billion-dollar AI infrastructure projects being spearheaded by leading tech companies, analysts warn.
What Happened: On Thursday, analysts highlighted the negative impact of the Trump administration's tariffs on technology equipment, which were levied at 34% on China, 32% on Taiwan, and 25% on South Korea, while also imposing a 10% baseline tariff on all imports to the U.S., reported Reuters.
The tariffs threaten to raise the costs of essential hardware used in artificial intelligence infrastructure, such as data centers, servers, and chips.
See Also: <a href="https://www.benzinga.com/markets/25/04/44640656/apple-making-iphones-in-america-a-fantasy-that-sounds-great-behind-the-microphones-says-top-analyst-dan-ives">Apple Making iPhones In America A Fantasy That Sounds Great &#8216;Behind The Microphones,&#8217; Says Top Analyst Dan Ives</a>
&#8220;Capital expenditure by tech giants will get reshuffled,&#8221; said Abhishek Singh, partner at Everest Group. &#8220;Expect major players in AI infrastructure and consumer tech to reallocate short-term spending away from expansion and toward procurement hedging or sourcing shifts.&#8221;
The tariffs are expected to increase the cost of <a href="https://www.benzinga.com/markets/25/02/43908921/microsoft-pulls-plug-on-ai-data-center-leases-says-analyst-oversupply-situation-likely">building data centers</a> in the U.S., potentially delaying large-scale AI projects.
D.A. Davidson analyst Gil Luria pointed out that companies like Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) have already begun to scale back their data center investments due to financial uncertainty.
&#8220;Microsoft has already started articulating a more balanced, cautious approach to their data center build-out,&#8221; Luria noted.
The most high-profile project affected is the $500 billion Stargate venture between Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), SoftBank Group (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>), and OpenAI, aimed at building 20 data centers across the U.S.
&#8220;Stargate was already unlikely to get to that scale even before these things happened. Given the shock to the economy that these tariffs represent, it is highly unlikely that such a risky endeavor will be able to raise anywhere near that number in terms of debt financings,&#8221; stated Luria.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: President Trump&#8217;s sweeping new trade tariffs jolted global markets on Thursday, sparking a dramatic sell-off reminiscent of the pandemic-era crashes.
Wall Street witnessed a <a href="https://in.benzinga.com/government/regulations/25/04/44631916/wall-street-wipes-out-2-trillion-apple-eyes-worst-day-since-covid-19-pandemic-oil-plummets-whats-driving-markets-thursday">staggering $2 trillion wiped</a> from market value, with the 10 largest U.S. companies alone accounting for $1 trillion of those losses.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) plunged 9.25%, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) fell 7.81%, Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) dropped 8.98%, and Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) slid 8.9%.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) declined 5.47%, while Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) lost 8.96%. Alphabet Inc.'s Class A shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) dipped 4.02%, and Class C shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) were down 3.92%, according to <a href="http://pro.benzinga.com/">data from Benzinga Pro</a>.
Photo Courtesy: Jack_the_sparow on Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/43373775/tim-cook-praises-chinas-deepseek-for-driving-efficiency-stresses-apples-prudent-and-deliberate-approach-toward-capital-expenditure" target="_blank" rel="noreferrer noopener">Tim Cook Praises China's DeepSeek For Driving Efficiency, Stresses Apple's ‘Prudent And Deliberate' Approach Toward Capital Expenditure</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Media

ORCL

SFTBF

SFTBY

TSLA

Trump's Reciprocal Tariffs Threaten To Derail Big Tech's Billion-Dollar AI Infrastructure Plans, Analyst Singles Out This OpenAI-Linked Project As Likely To Get Hit

도널드 트럼프의 미국 대선 승리는 주식 랠리를 촉발시켰다. 핀테크 기업 어프리시에이트(Appreciate)의 최고 비즈니스 책임자인 요게시 칸살(Yogesh Kansal)은 "감세와 규제완화가 기업 수익 증가로 이어질 것"이라는 <a href="https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst">트럼프 행정부의 계획</a>에 따라 이러한 상승세는 지속될 것으로 전망했다. 그는 석유와 천연가스처럼 규제가 심한 분야가 트럼프 행정부 하에서 혜택을 받을 것이라고 덧붙였다.
무슨 일 있었나: 감세 및 규제완화는 주식 시장에 긍정적이지만, 트럼프 행정부의 이민과 <a href="https://www.benzinga.com/24/11/42178994/trump-says-he-will-impose-25-tariffs-on-canada-mexico-on-first-day-of-office-and-extra-tariffs-on-china-until-they-pay-attention">관세 인상</a>에 대한 입장은 시장에 반대되는 영향을 미친다.
칸살은 이민자 추방으로 인해 "모든 기업의 인건비가 상승할 것이며, 이는 기본적으로 기업의 수익성이 하락한다는 것을 의미한다&#8221;고 했다. 또한 관세가 부과되면 "글로벌 수요"의 변화로 인해 "주가가 더 낮아질 수 있다"고 말했다.
모건스탠리도 12월 3일자 메모에서 무역 관세, 이민 정책, 재정 지속 가능성, 새로운 정책의 범위와 시기가 광범위한 경제 전망을 제약할 수 있다는 우려를 표명했다. 특히 기술 및 천연가스 부문의 성장과 혁신을 예상했다.
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/news/usa/stocks/%EB%AA%A8%EA%B1%B4%EC%8A%A4%ED%83%A0%EB%A6%AC-%ED%8A%B8%EB%9F%BC%ED%94%84-2%EA%B8%B0-%ED%96%89%EC%A0%95%EB%B6%80-%EC%B2%AB-100%EC%9D%BC%EA%B0%84-%EC%83%81%EC%8A%B9%ED%95%98%EB%9D%BD-%EC%98%88/">모건스탠리: 트럼프 2기 행정부 첫 100일간 상승·하락 예상 섹터는?</a>
왜 중요한가: 칸살은 트럼프의 규제완화 시도로 인해 "에너지, 석유 및 가스, 의료, 은행과 같이 규제가 심한 산업이 순풍을 맞을 것"이라고 말한다.
Invesco S&amp;P 500 Equal Weight ETF(ACRA:RSP)는 연초 대비 17.3% 상승했다. 반면, iShares Russell 1000 Value ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWD#NYSE">IWD</a>)와 Vanguard High Dividend Yield Index ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VYM#NYSE">VYM</a>)는 각각 18.56%와 18.96% 상승했으나, 같은 기간 S&amp;P 500의 연초 대비 28.41% 성장에 비해 저조한 성과를 보였다.
반면, ProShares S&amp;P 500 Ex-Energy ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPXE#NYSE">SPXE</a>)는 연초 대비 28.85% 성장하여 지수를 초과 성과를 기록했다.
다른 애널리스트들도 트럼프의 승리가 에너지 섹터의 호황으로 이어질 것이라고 말했다. 공인재무설계사(CFA) 겸 영국 인크레드 글로벌 웰스 투자 책임자인 마리오 조지우(Mario Georgiou)는 "석유 생산과 지정학적 위험을 지원하는 규제완화로 유가 상승이 지속될 수 있고 상대적 밸류에이션이 매력적"이라고 <a href=""https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst"">말했다</a>.
2024년 에너지 섹터가 전체 시장 대비 저조한 성과를 보였지만 "근본적으로 에너지 기업은 8~12%의 주주 수익률로 주주 친화적이며, 낮은 EBITDA 대비 순부채 비율과 6.50% 이상의 높은 잉여현금흐름 수익률로 견실한 대차대조표를 보유하고 있다"고 덧붙였다.
모건스탠리에 따르면 에너지 섹터는 분열된 미래에 직면해 있습. 트럼프의 규제완화는 전통적인 에너지에 도움이 될 수 있지만, 잠재적 공급 과잉과 특히 중국의 글로벌 수요 약세로 인해 석유에 대한 전망은 불확실하다. 반면 천연가스는 유럽의 강력한 수요와 전기화 및 AI 기반 데이터센터에 대한 국내 사용 증가로 인해 성장할 수 있다.
트럼프가 바이든의 2022년 인플레이션 감소법 세금 공제를 철회할 경우 청정에너지 부문은 어려움에 직면할 수 있다. 그러나 공화당 주에 대한 혜택으로 인해 전면적인 폐지는 어려울 것으로 보인다.
반면에 칸살은 인공지능 열풍이 불고 있는 기술 부문에 대해서도 긍정적이었다. "현재 미국 주식 시장을 이끄는 가장 큰 요인은 바로 AI다. AI의 생산성 향상에 대한 기대감 때문에 많은 활동과 많은 투자가 이루어지고 있다.&#8221;
그러나 조지우는 "채권 금리가 상승하면 미래 수익에 적용되는 할인율이 높아져 기술과 같은 고성장 업종에 불균형적인 영향을 미친다&#8221;며 &#8220;따라서 우리는 레버리지가 높고, 수익성이 떨어지는 기술주를 피하지만 그렇다고 해서 기술 섹터의 비중을 낮추지는 않는다&#8221;고 했다. 기술 섹터에는 충분히 우량한 기업이 있기 때문이다.
미국 주식 시장의 주요 AI 업체로는 연초 대비 195.7%의 상승률을 기록한 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)와 같은 기간 19.6%의 상승률을 기록한 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)가 있다.
아마존(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)과 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)은 각각 연초 대비 51.42% 및 26.46% 상승했다. &#8220;따라서 향후 12개월 동안 소프트웨어와 하드웨어, 기술 산업이 FAANG 종목 및 엔비디아를 포함하여 잘 나갈 것이라고 생각한다&#8221;고 칸살을 덧붙였다.
사진 출처: Shutterstock
다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.
Benzinga Pro의 독점 뉴스를 통해 수백만 명의 다른 트레이더보다 더 빠르게 유용한 투자 뉴스를 확인할 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

모건스탠리에 따르면 2024년 대선에서 공화당의 승리는 상당한 정책 변화로 이어질 수 있다. 특히 <a href="https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst" target="_blank" rel="noopener">기술 </a>및 <a href="https://www.benzinga.com/money/best-natural-gas-stocks" target="_blank" rel="noopener">천연가스</a> 부문에서 성장과 혁신이 일어날 것으로 예상한다. 그러나 무역 관세, 이민 정책, 재정 지속 가능성, 새로운 정책의 범위와 시기에 대한 우려가 더 넓은 경제 전망을 제약할 수 있다고 경고한다.
<h3>모건스탠리의 추천 종목</h3>
시장은 도널드 트럼프 당선인의 승리에 긍정적으로 반응하며 선거 전 수준보다 높게 거래되고 있다. 하지만 예상보다 느린 규제 완화와 낮은 감세 폭이 시장에 영향을 미칠 수 있으므로, 모건스탠리 글로벌 투자 오피스는 투자자들이 다음 섹터를 주시해야 한다고 전했다.
에너지 섹터
모건스탠리에 따르면 에너지 섹터는 분열된 미래에 직면해 있다. 트럼프의 규제 완화는 전통적인 에너지에 도움이 될 수 있지만, 공급 과잉과 특히 중국의 글로벌 수요 약세로 인해 석유 전망은 불확실하다. 반면 천연가스는 유럽의 강력한 수요와 전기화 및 AI 기반 데이터 센터에 대한 국내 사용 증가로 인해 성장할 수 있다.
트럼프가 바이든의 2022년 인플레이션 감축법의 세금 공제를 철회하면 청정에너지 부문은 어려움에 직면할 수 있다. 그러나 공화당 주에 대한 혜택으로 인해 전면적인 철회는 어려울 것으로 보인다.
Invesco S&amp;P 500 Equal Weight ETF(ACRA: RSP)는 연초 대비 17.36% 상승했다. 같은 기간 동안 iShares Russell 1000 Value ETF(ACRA:IWD), Vanguard High Dividend Yield Index ETF(ACRA:VYM)는 각각 18.56%와 18.96% 상승했지만 S&amp;P 500보다 저조한 성과를 보였다. 반면 ProShares S&amp;P 500 Ex-Energy ETF(ACRA:SPXE)는 연초 대비 28.85% 성장하여 지수를 초과했다.
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/news/usa/economy/%ED%8C%8C%EC%9B%94-%EC%97%B0%EC%A4%80-%EC%9D%98%EC%9E%A5%EC%97%90-%EB%8C%80%ED%95%9C-%ED%8A%B8%EB%9F%BC%ED%94%84%EC%9D%98-%EC%9E%85%EC%9E%A5-%EB%B3%80%ED%99%94-%EB%8B%B9%EC%9E%A5-%EA%B5%90%EC%B2%B4/" target="_blank" rel="noopener">파월 연준 의장에 대한 트럼프의 입장 변화 "당장 교체 계획 없어"</a>
방위 섹터
모건스탠리는 지정학적 긴장이 고조되는 가운데 미국의 <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42369000/booz-allen-and-palantir-partner-to-drive-us-defense-operations">국방</a> 지출은 견고하게 유지될 것으로 예상된다고 본다. 그러나 미국의 나토 참여에 대한 불확실성과 다른 나토 회원국들의 지출 증가로 인해 유럽 방위주들은 미국 주식을 능가하는 성과를 거두었다.
트럼프는 일요일 NBC 뉴스와의 당선 후 첫 방송 인터뷰에서 "그들이 청구서를 지불하고 있고 우리를 공정하게 대우하고 있다고 생각한다면 당연히 나토에 남아있을 것"이라고 말했다.
또한 사이버 보안, AI, 드론 및 기타 분야의 기술 발전으로 인해 전통적인 거대 방위 기업보다 소규모 전문 기업이 선호되고 있다고 모건스탠리는 덧붙였다.
<a href=""https://pro.benzinga.com/dashboard"">벤징가 프로</a> 데이터에 따르면 S&amp;P 500 항공우주 및 방위 산업 지수는 연초 대비 15.78% 상승한 반면, 같은 기간 록히드 마틴(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), RTX 코퍼레이션(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>), iShares U.S. Aerospace &amp; Defense ETF(ACRA:ITA)는 각각 12.48%, 38.45% 및 20.15% 상승했다.
기술 및 커뮤니케이션 섹터
모건스탠리에 따르면 기술 부문은 엇갈린 결과를 보일 수 있다. 암호화폐와 AI 산업은 트럼프의 우호적인 입장으로 혜택을 볼 수 있다. 반도체 리쇼어링 법안을 통한 반도체 리쇼어링에 대한 투자는 해당 분야를 강화하여 AI를 국가 안보 우선 순위로 강조할 수도 있다. 그러나 소셜 미디어 및 정보 기업은 계속해서 규제 및 반독점 문제에 직면할 수 있다.
미국 주식 시장의 주요 AI 기업으로는 전년 대비 195.7%의 실적을 기록한 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)가 있으며 같은 기간 동안 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)는 19.6% 상승했다. 또한 아마존(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)은 각각 51.42%와 26.46% 상승했다.
사진 제공: Shutterstock.com
다른 트레이더들보다 30분 일찍 시장 움직임에 대한 독점 뉴스를 받아보세요.
Benzinga Pro의 독점 뉴스를 통해 수백만 명의 다른 트레이더보다 더 빠르게 유용한 투자 뉴스를 확인할 수 있습니다. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

Comments

ProShares S&P 500 Ex-Energy ETF

뉴스

에 대한 최신 뉴스 ProShares S&P 500 Ex-Energy ETF (ARCA:SPXE)

월요일, 12월 09, 2024

뉴스

파트너 / 기고자

벤징가 글로벌