#MarketPullback

📉 Market Performance Snapshot

S&P 500 (SPY):

Nasdaq Composite:

Dow Jones Industrial Average:

These declines are attributed to renewed tariff threats from President Trump targeting the EU and Apple, as well as rising long-term bond yields fueled by fiscal deficit fears.

🔍 Contributing Factors to the Pullback

1. Trade Policy Uncertainty

President Trump's recent announcement of a 50% tariff on EU imports and a 25% tariff on foreign-manufactured smartphones has intensified trade tensions, leading to increased market volatility.

2. Rising Treasury Yields

A disappointing Treasury bond auction led to a surge in the 30-year Treasury yield above 5%, signaling investor concerns about fiscal sustainability and prompting a sell-off in the debt market.

3. Demographic Shifts

The retirement of the baby boomer