Trump's Tariff Threats Roil Markets, S&P 500 Sees Largest Drop Since October
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Source: CNBC
- Market Turmoil: Trump's tariff threats against eight NATO countries led to the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite experiencing their largest single-day declines since October, reflecting strong investor anxiety over policy uncertainty.
- Rising Yields: U.S. Treasury yields surged across the curve, with the benchmark 10-year rate reaching its highest level since August 22, a trend that could prompt Trump to soften his stance on Greenland to alleviate market tensions.
- Shifting Investor Sentiment: Katie Koch from asset manager TCW noted that while short-term volatility may temper, long-term, investors are likely to gradually reduce their reliance on the U.S. bond market in favor of diversification.
- Dollar Depreciation: The dollar index has fallen over 8% in the past year, and the gap between foreign gold reserves and foreign Treasury holdings has dramatically narrowed in less than a year, indicating a weakening confidence in U.S. assets.
Analyst Views on GTEC
About GTEC
Greenland Technologies Holding Corporation designs, develops, manufactures and sells components and products for the global material handling industries. Through its subsidiaries, the Company offers transmission products, which are key components for forklift trucks used in manufacturing and logistic applications, such as factories, workshops, warehouses, fulfilment centers, shipyards, and seaports. It provides transmission systems and integrated powertrains for material handling machineries, particularly for electric forklift trucks. The range of the transmission systems covers machineries from over 1 to 15 tons. It designs and develops powertrains, which integrates electric motor, speed reduction gearbox, and driving axles into a combined integral module. Through its subsidiary, HEVI Corp., the Company offers all-electric clean and sustainable alternatives to heavy-emission systems in the industrial heavy equipment industry.
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.
