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Stock impact report

CNBC Daily Open: Stocks were trounced in the first quarter amid Trump tariff chaos [CNBC]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: CNBC
U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and suffered their heaviest three-month losses since 2022. The Nasdaq remains in correction territory. But it won't be the last tumult stocks will experience. Reciprocal tariffs on “all countries” will start Wednesday, U.S. President Donald Trump said Sunday. While Trump has described the start of his tariffs as “liberation day,” others aren't seeing it in quite so glowing terms. Goldman Sachs, for one, cut its forecast for U.S. economic growth and raised its expectation for the inflation rate in 2025, suggesting the possibility of stagflation. And if not stagflation — recession. The Wall Street giant also slashed its projection for the S&P 500 accordingly. If the first quarter of the year was bumpy, the second could be much more treacherous. What you need to know today Tariffs on ‘all countries' U.S. President Donald Trump said that his reciproc Show less Read more
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