Stock Market Whiplash: 5 Moves to Protect Your Portfolio Now
The S&P 500 (SNPINDEX: ^GSPC), the Dow Jones Industrial Average (DJINDICES: ^DJI), and the Nasdaq (NASDAQINDEX: ^IXIC) have been surprising investors daily with their movements, shifting rapidly according to news regarding President Donald Trump's tariff plans. The president earlier in the month announced a far-reaching set of tariffs on imports from countries worldwide, sending stocks tumbling as investors worried about the impact on U.S. corporate earnings and the economy. Since then, the U.S. paused the tariffs for 90 days to allow for negotiations, and he exempted electronics products from the duties -- at least temporarily. This initially spurred a rebound, though volatility remains.Investors still are concerned about the final tariff plan and how it may weigh on the costs of U.S. companies. Many of them import raw materials and finished goods, meaning they will have to pay any applicable duties. So, the market may continue to be difficult as this tariff story unfolds. But here's some good news against this backdrop of stock market whiplash. There are five moves you can make right now to protect your portfolio.Image source: Getty Images.Continue reading
The S&P 500 (SNPINDEX: ^GSPC), the Dow Jones Industrial Average (DJINDICES: ^DJI), and the Nasdaq (NASDAQINDEX: ^IXIC) have been surprising investors daily with their movements, shifting rapidly according to news regarding President Donald Trump's tariff plans. The president earlier in the month announced a far-reaching set of tariffs on imports from countries worldwide, sending stocks tumbling as investors worried about the impact on U.S. corporate earnings and the economy. Since then, the U.S. paused the tariffs for 90 days to allow for negotiations, and he exempted electronics products from the duties -- at least temporarily. This initially spurred a rebound, though volatility remains.
Investors still are concerned about the final tariff plan and how it may weigh on the costs of U.S. companies. Many of them import raw materials and finished goods, meaning they will have to pay any applicable duties. So, the market may continue to be difficult as this tariff story unfolds. But here's some good news against this backdrop of stock market whiplash. There are five moves you can make right now to protect your portfolio.
Image source: Getty Images.
