Markets experienced significant volatility after Trump's renewed criticism of Federal Reserve Chair Jerome Powell, with stocks and the dollar falling while treasury yields climbed. The U.S. dollar hit a three-year low as global investors retreat from American assets.
Tesla (TSLA) shares tumbled 6% ahead of Q1 earnings, with concerns about Musk's focus on federal government activities rather than the automaker. Google faces monopoly remediation challenges following its antitrust case, with earnings approaching on April 24th.
Retailers Walmart (WMT) and Home Depot (HD) met with President Trump to discuss tariff impacts, while e-commerce platforms Temu and Shein announced price increases due to recent tariff changes. Chipotle (CMG) revealed plans to expand into Mexico, despite concerns about competition with authentic local cuisine.