If August is historically volatile due to light volumes and summer complacency, the first day of the month in 2025 has already set the stage for a nerve-wracking ride on Wall Street.
- SPY ETF is moving fast. Check live prices here.
In less than 24 hours, investors were hit with three destabilizing headlines: new sweeping tariffs from President Donald Trump to countries not agreeing on a deal, a surprisingly weak U.S. jobs report, and escalating nuclear rhetoric with Russia.
Trump Moves Two Nuclear Submarines Over Medvedev Comments
“Based on the highly provocative statements of the Former President of Russia, Dmitry Medvedev… I have ordered two Nuclear Submarines to be positioned in the appropriate regions, just in case these foolish and inflammatory statements are more than just that,” Trump wrote Friday on Truth social.
Trump added, “Words are very important, and can often lead to unintended consequences.”
This threat …