This aged well. Since I sold before trump annouced a extend to 7th august after he said he wont extend further and stick on firm 1st August to start tariff
@JaydenJKT：$Advanced Micro Devices(AMD)$ Chose to close after contemplating the whole day after it dip due to soon commencement of tariff The stock market is experiencing heightened volatility today, August 1, 2025, following the implementation of new U.S. tariffs. President Trump's executive order has introduced tariffs ranging from 10% to 41% on imports from various countries, including a 25% tariff on Indian goods, 20% on Taiwanese products, and an increase from 25% to 35% on Canadian imports. [1] *Market Reactions:* - *U.S. Markets:* Major indices have opened lower. The S&P 500 (SPY) is down 2.17 points to 632.08, the Dow Jones Industrial Average (DIA) has decreased by 3.25 points to 441.33, and the Nasdaq-100 (QQQ) has fallen by 2.55 points to 565.01. - *International Markets:* The Indian stock market has seen significant declines, with the Nifty50 closing below 24,600 and the BSE Sensex dropping over 580 points, primarily due to the new 25% U.S. tariff on Indian goods. [2] Similarly, Australia's ASX 200 index fell by 0.92%, affected by both the tariff announcements and additional policy changes impacting healthcare and banking sectors. [3] *Investor Sentiment:* Analysts express concerns over the long-term implications of these tariffs, citing potential disruptions to global supply chains and increased costs for businesses and consumers. The uncertainty surrounding trade policies is contributing to market instability, with some traders adopting a more cautious or bearish stance in anticipation of further volatility. [4] *Outlook:* The market is likely to remain volatile in the near term as investors assess the full impact of the tariffs and await further developments in trade negotiations. Sectors with significant international exposure, such as technology and manufacturing, may experience continued pressure. Investors are advised to monitor global economic indicators and company earnings reports closely to navigate the evolving market landscape.
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