Press Release

S&P 500 Suffers Worst Drop Since COVID as Tariffs Rattle Traders

April 4, 2025
Julie Biel

The Japan Times

Following the biggest same-day drop by the S&P 500 since the pandemic, Chief Market Strategist, Julie Biel, CFA shares her expectations for March’s jobs report amidst recession fears sparked by this week’s tariff announcement.

 

https://bit.ly/3YKB2J2

 

 

Indexes: The S&P 500® Index is a free-float market capitalization-weighted index of 500 of the largest U.S. companies. The index is calculated on a total return basis with dividends reinvested. The Russell 2000® Index is a market capitalization-weighted index of the 2,000 smallest companies in the Russell Universe, which comprises the 3,000 largest U.S. companies. The index is calculated on a total return basis with dividends reinvested. The indexes are unmanaged, their returns do not reflect any fees, expenses, or sales charges, and they are not available for direct investment.

 

 

 

 

 

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This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this article is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the publication of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein.

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