MRKT Call

Trump Trade War Sparks Sell-Off

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MRKT Matrix - Tuesday, March 4th

  • Dow tumbles 700 points as sell-off intensifies again into the close (CNBC)
  • Trump Escalates Global Trade War, Sparking Tit-for-Tat Tariffs (Bloomberg)
  • Bessent Shrugs Off Tariff Selloff, Says Wall Street Isn’t Focus (Bloomberg)
  • Citi Says Tariffs Could Hasten Rate Cuts (WSJ)
  • Investor Dan Niles says he’ll ‘probably force’ himself to buy some beaten-up tech (CNBC)
  • Bank of America slashes Tesla price target as U.S. tariffs become reality (CNBC)
  • Target warns February sales were soft, adding to concerns about consumer health (CNBC)
  • Best Buy CEO warns price increases are ‘highly unlikely’ after Trump tariffs (CNBC)
  • Walgreens Nears Roughly $10 Billion Deal to Go Private (WSJ)
  • Putin Agrees to Help Trump Broker Nuclear Talks With Iran (Bloomberg)
  • U.S. Pauses All Military Aid to Ukraine (WSJ)


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