Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
1 April 2025 | S&P 500

S&P 500 posts worst quarterly performance since 2022 amid Trump tariff uncertainty

S&P 500
S&P 500 posts worst quarterly performance since 2022 amid Trump tariff uncertainty

The S&P 500 recorded its worst quarterly performance since 2022 on Monday, with Reuters attributing the slump to ongoing uncertainty about US President Donald Trump's trade policies. The tariff concerns weighed heavily on US equity markets throughout the first quarter.

The S&P 500 dropped 4.6% last quarter, dragged down primarily by a tech sector selloff. Tesla and Nvidia led the declines, plunging 36% and 20% respectively. Despite this, most of the index's eleven sectors posted gains, led by energy's 9.3% increase.

Due to tariff uncertainty, Goldman Sachs has raised the probability of a US recession from 20% to 35% while cutting its year-end S&P 500 target to 5,700. The bank also anticipates more interest rate cuts by the Federal Reserve.

Elena Dorokhina MarketCheese

Recommended

United States. CFTC S&P 500 speculative net positions. The value of the indicator has increased from -122.1K to -81.8K
Yesterday at 8:30 PM
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -106.1K to -122.1K
16 January
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -94.4K to -106.1K
9 January
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 53.4K to 52.6K
Yesterday at 8:30 PM
United States. CFTC Aluminium speculative net positions. The value of the indicator has decreased from -3.3K to -3.4K
Yesterday at 8:30 PM
Top news
European Union. Manufacturing PMI. The value of the indicator has increased from 49.2 to 49.4
Yesterday at 9:01 AM
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.75%
Yesterday at 3:09 AM
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
22 January
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.7% to 2.8%
22 January
United States. GDP (QoQ). The value of the indicator has increased from 4.3% to 4.4%
22 January
All news

Forecasts

AUDCAD buy
Period: 30.01.2026 Expectation: 600 pips
AUDCAD trend holds firm on upbeat Australian reports
Technical analysis TA Other FA Other Indicators Fundamental analysis
Yesterday at 11:16 AM 40
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 30.01.2026 Expectation: 100 pips
Brent's rally stalls as upside is limited by $65–$66 resistance
FA Other Chart analysis Indicators
Yesterday at 10:17 AM 48
John_Bullard
EURUSD buy
Period: 28.02.2026 Expectation: 3000 pips
Buying EURUSD on weak US GDP print
Indicators and reports Chart analysis
Yesterday at 10:04 AM 32
Bruce_Powers
GBPUSD sell
Period: 30.01.2026 Expectation: 1110 pips
GBPUSD’s rally is capped despite eased geopolitical stress
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 08:50 AM 20
Emily_Foster
Natural gas sell
Period: 29.01.2026 Expectation: 690 pips
NG selloff targets $4.400 ahead of reaching local high
Technical analysis TA Other FA Other Indicators Fundamental analysis
22 January 2026 56
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
ETHUSD buy
Period: 29.01.2026 Expectation: 15200 pips
Investing in ETHUSD up to $3,170 on US-EU trade relief
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
22 January 2026 56
Emily_Foster
Go to forecasts