#MarketPullback

President Donald Trump announced the introduction of a 100% tariff on foreign films, citing national security concerns. This decision led to a drop in media company stocks: Netflix lost over 5%, Disney over 3%.

2. Anticipation of the Fed's decision

Investors are focused on the upcoming Federal Reserve meeting scheduled for May 6-7. Despite President Trump's calls for rate cuts, the Fed is likely to refrain from any changes, citing economic uncertainty and inflation risks.