US Trade Deficit Widens by 9.6% to $162 Billion Amid Consumer Confidence Drop and Mixed Stock Performance

Market Analysis

Market Resilience Amid Tariff Support and Earnings

S&P 500 Increased Percentage

0.6%

Nasdaq Composite Increased Percentage

0.5%

Dow Jones Points Increased

300

Key Facts

US stocks were mixed on Tuesday as investors navigated earnings reports. The S&P 500 grasped around the flatline while the Dow Jones rose by 0.8%, over 300 points.
Economic optimism surged as the Trump administration acted to support automakers by preventing additional tariffs on foreign-made cars.

US Trade Deficit for March

$162 billion

Increase in Trade Deficit Percentage

9.6%

Consumer Confidence Levels

Expectations Index Drop

54.4

Change in Expectations Index Points

12.5

Key Facts

The US trade deficit widened sharply in March by 9.6% to $162 billion, driven by a surge in imports.
Consumer confidence fell for a fifth consecutive month in April, declining to levels not seen since the onset of the COVID-19 pandemic.
Consumer Expectations dropped significantly, with an Expectations Index of 54.4, indicating a potential recession ahead.