
Weekly Market Recap: Markets Slip Amid Tariff Tensions and Rising Stagflation Concerns
Stocks declined sharply this week as renewed tariff uncertainties and rising inflation raised stagflation concerns, pushing the S&P 500 closer to correction territory. Technology stocks like NVIDIA and Broadcom suffered notable losses amid weakening chip demand, while defensive sectors like utilities and real estate showed resilience. Upcoming economic data, including reciprocal tariff announcements, PMI indicators, and Friday's pivotal Jobs Report, will likely set the tone for investor sentiment in the days ahead.