All are off their lows for the day.
Netflix bucked the downturn, up about 1.7% to $989 after deliveringwell received first quarter earningslast Thursday.
He also touted Disney as already priced for a recession, which has become a growing concern among investors.
Traders work on the floor of the New York Stock ExchangeSpencer Platt/Getty Images
Spotify was up earlier but reversed course and is off 2.2%.
Disney is down 1.2%.
New tariffs have buffeted markets for several months.
Higher taxes on imports levied by Trump are now in effect on many goods from global trading partners.
Yet another round of tariffs was suspended for 90 days pending negotiations.
The delay initially sent markets higher earlier this month, but only briefly.
U.S. companies across industries are treading water with many unclear where or when to invest.
The level of the tariff increases announced so far is significantly larger than anticipated.
Market players have grown increasingly anxious that Trump might just do that.
Powells term expires in May of 2026.
Today, Trump posted: Preemptive Cuts in Interest Rates are being called for by many.
With Energy Costs way down, food prices (including Bidens egg disaster!)
substantially lower, and most other things trending down, there is virtually No Inflation.
Europe has already lowered seven times.
How did that work out?
