Weekly Market Recap - Friday, 28-Mar

US equities were sharply lower this week, driven by the selloff that followed Trump's Wednesday "Liberation Day" tariff announcements. The tariff plan includes a 10% on all imports, while additional reciprocal tariffs will be applied on 60 nations, including a 34% tariff on China, 32% on Taiwan, 46% tariff on Vietnam, and 20% on EU. Growth fears sparked a sharp repricing around the Fed rate cut path this week.

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StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.