Good afternoon.
Stocks are sliding, Gold is hitting record highs, and the S&P 500 just recorded its worst month since 2022.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
Stocks were mixed to kick off April.
The S&P 500 fell 5.75% in March, recording its worst month since 2022.
President Trump is set to roll out new tariffs on Wednesday, a prospect that has rattled markets.
Gold hit a fresh record, posting its best quarter since 1986 amid economic uncertainty.
Catch Up
OpenAI just raised $40 billion at a $300 billion valuation.
The S&P 500 fell 5.75% in March. The Nasdaq tumbled 8.2%.
$5 trillion. That's how much value the U.S. stock market has lost in the past 6 weeks.
What Else?
Quote
"The first rule of a happy life is low expectations."
— Charlie Munger