📉 Markets Try to Shake Off Tariff Terrors — But Tech Still Gets Wrecked

While the Dow climbed and oil spiked, the Nasdaq dropped again, capping off one of the worst quarters in years.

Liberation Day Looms. Trump’s tariff threats sent a chill through the markets again Monday, capping off one of the ugliest quarters in years. The S&P 500 barely scraped back into the green, while Big Tech took another beating.

Let’s break it down 👇

📊 Market Snapshot (Mon, Mar 31):

• S&P 500: +0.63%

• Dow: +1.01% (value rotation kicks in)

• Nasdaq: -0.14% (tech pain continues)

• WTI Crude: +3.1% — oil closes Q1 green

• Gold: 🔺Hits record highs again ($3,133/oz)

• YTD: S&P -5.1%, Nasdaq -10% 😬

🧨 What’s Moving Markets

🔻 Tech Still Can’t Catch a Break

The Nasdaq slipped again as $NVDA (-3%), $TSLA (-2.6%), $META, and $AMZN sold off under tariff pressure.

➡️ Trump confirmed no exemptions in his April 2 “Liberation Day” tariff rollout—investors bracing for 25% levies across the board.
➡️ Reports say he’s pushing to go “even bigger” than markets expect.

Even Tesla bull Dan Ives said it bluntly:

“The winner from this tariff… is no one.”