Market Brief 16 April, 2025

Good evening, investor/trader! The markets are experiencing a volatile day, with the Nasdaq 100 Index (NDX) down by -3.84% to 18,098.28 and the S&P 500 Index (GSPC) down by -2.82% to 5,242.43. The main driver of this volatility is the ongoing trade war between the US and China, with President Trump imposing new tariffs on Chinese imports. The Fed Chair Jerome Powell has also expressed concerns about the impact of tariffs on the US economy, which has further rattled investors. In other news, Semler Scientific has filed a Form S-3 with the SEC to raise up to $500 million in securities, with proceeds intended primarily for the acquisition of Bitcoin. This move highlights the growing interest in Bitcoin as a safe haven asset amid global economic uncertainty.