T&G Market Recap: Nasdaq Leads Stock Rebound with Inflation Data, Tariffs in Focus 📉👀⚠️📈

Tariffs and inflation data spark a rebound, but uncertainty lingers as Trump’s policies continue to keep investors on edge. Here's the scoop! 🔥📊

A Rebound in the Markets (Sort Of) 📈
It was a bit of a mixed bag on Wall Street today as tech stocks rallied, but broader market indices showed a more hesitant recovery. The Nasdaq Composite led the charge, climbing 1.5%, while the S&P 500 and Dow Jones made more modest gains of 0.9% and 0.2%, respectively. After yesterday's turmoil, investors seemed to find some relief thanks to a better-than-expected inflation report. Yet, things were far from smooth sailing. 💨

Why the mixed action? Well, President Trump’s tariffs were still top of mind. On top of his ongoing back-and-forth with Canada and the EU, investors were trying to figure out how his unpredictable tariff strategies might impact the economy — especially now that Canada has retaliated with $21 billion worth of tariffs on U.S. goods. This has the potential to snowball, causing even more uncertainty. 😬

Inflation Data Brings a Bit of Relief 📊
The latest inflation figures helped cool investor nerves, with the Core Consumer Price Index (CPI) — which excludes volatile food and energy prices — coming in at 3.1% year-over-year, down from 3.3% in January. This was the lowest level since April 2021, offering some hope that inflationary pressures are easing. Phew! 🍃

However, while the inflation data was positive, the tariff concerns continue to keep investors on edge. President Trump’s ever-changing policies have kept everyone guessing — including traders, who are trying to gauge how these tariffs could weigh on corporate profits and the U.S. economy at large. 📉