The recent optimism on Wall Street dissipated as companies continued to reassess their financial outlooks due to uncertainty over President Donald Trump’s on-again-off-again tariff policies.

The new apocalypse stock is here and isn’t what most people think. Some of the tech sector’s most prominent companies report earnings for the first quarter of 2025 this week,

The S&P 500 plummeted 19% from its record high after President Trump announced the most severe tariffs the U.S. has seen in a century. In the short run, the 90-day pause on reciprocal tariffs makes for an uncertain business environment that will likely lead to more stock market volatility.