Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.

Wall Street stocks posted their worst quarter in almost three years on fears that Donald Trump’s tariffs will usher in a period of stagflation in the world’s biggest economy. The S&P 500 dropped 4.6 per cent in the first three months of 2025, the worst performance since the third quarter of 2022, according to FactSet data.

American companies are investing more in their future and getting a better return on their investments than overseas peers, Goldman Sachs said.

A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy.

Worries over the economic effects of the global trade war are sapping liquidity in US stocks, creating a headache for institutional investors that could also boost volatility in broader markets.

Earnings pessimism for The Magnificent Seven stocks look like it's approaching a bottom, and the group's revival could boost US stocks broadly.

Sensex jumped 524 points or 0.68 percent to 76,548.51, while the broader NSE Nifty climbed 146.2 points or 0.63 percent to 23,311.90. Among the top gainers were Tech Mahindra, Infosys, HDFC Bank, Maruti Suzuki, ICICI Bank, Bharti Airtel, Zomato and Adani Ports.

Japanese shares plunged, putting the Nikkei stock gauge on track for its worst quarter since March 2020, as exporter- and chip-related stocks slid on concerns about the global trade war.

"With this much optimism, one must ask how much liquidity is left around to buy," Ned Davis Research said.

A US Senate investigative subcommittee opened a review on Tuesday into efforts by Facebook parent Meta Platforms to gain access to the Chinese market and is seeking documents from the company.

Goldman Sachs Research has said in their recent note that the S&P 500 might be vulnerable to deeper declines, however, analyst says a “major policy pivot” by the Donald Trump-led administration or the central bank could help the markets recover.