Stocks Set for Another Bad Session as ‘Liberation Day’ Nears
US President Donald Trump speaks in the Oval Office on March 28.
Photographer: Bonnie Cash/UPI
Good morning. It’s looking like another rocky day for stock investors. Elon Musk explains why he’s having a tough time right now. And the Apple doctor will see you shortly. Listen to the day’s top stories.
Another red day for markets, mainly because investors are freaking out over Donald Trump’s plan for fresh tariffs coming Wednesday. Liberation Day, he’s calling it. Strategists at Goldman Sachs cut their S&P 500 target for a second time this month, citing a higher recession risk and levy-related uncertainty. It may be a dismal quarter for stock investors, but it’s all good news for haven assets like gold.