Nasdaq, S&P 500 futures down about 2% each after China retaliates with tariffs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 04 2025
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Tariff Announcement: China plans to impose an additional 34% tariffs on U.S. goods starting April 10.
Impact on Trade Relations: This move is likely to escalate tensions in U.S.-China trade relations.
Analyst Views on SPY
Wall Street analysts forecast SPY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SPY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 688.980
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Current: 688.980
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
