#MarketPullback MarketPullback Markets are correcting amid tariff risks and expectations of the Federal Reserve
Today, May 5, 2025, global markets are showing signs of correction after a recent rally:
U.S. index futures are declining: Dow Jones is down about 0.65%, S&P 500 - 0.7%, Nasdaq - 0.8%. This is related to new tariff statements from former President Donald Trump and expectations for the upcoming Federal Reserve meeting, where investors are hoping for signals about a possible rate cut.
Oil is also in the red: prices have fallen about 4% to $56 per barrel after OPEC+ decided to increase production in June, which heightened concerns about market oversupply.
The cryptocurrency market is under pressure: Bitcoin is trading around $94,622, Ethereum - $1,819, and Solana - $146.87. Despite recent growth, investors are taking profits amid global uncertainty.
Analysts note that sentiment on Wall Street is deteriorating: earnings forecasts for S&P 500 companies for the second quarter have been downgraded by 2.4%, which is above the average over the past 20 years.