Market Extra

The Fed chair’s remarks and the March nonfarm-payroll report on Friday will need to deliver for a stock market reeling from a brutal selloff

Published: April 3, 2025 at 1:33 p.m. ET

It seems there are very few places to hide in the financial markets right now. 

The U.S. stock market was in free fall on Thursday, with investors getting crushed in a seemingly relentless selloff after President Donald Trump’s announcement of sweeping tariffs stoked fears that an escalating trade war could lead to a recession in the world’s largest economy.

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