Evening Market Recap - Monday, 21-Apr

Evening Market Recap - Monday, 21-Apr

FactSet Evening Market Recap

21/04/2025 4:00PM

Episode Synopsis "Evening Market Recap - Monday, 21-Apr"

US equities were sharply lower in Monday trading, though off worst levels. Today's weakness was tabbed to concerns about Fed independence and related scrutiny already surrounding the US exceptionalism/safe-haven themes from Trump trade policies. Nothing on the US economic calendar today, but Chicago Fed President Goolsbee said short-run inflation expectations are up, but not rising in the long run, still seeing rates lower in 12-18 months.

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