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- The S&P 500 is set to enter a bear market early Monday as global markets respond to last week's tariff announcements that President Donald Trump said could take two years to benefit the manufacturing sector.
- Federal Reserve Chair Jerome Powell said Friday that tariffs will aggravate inflation and drag down economic growth, but the economy was still strong overall.
- Powell's assertion came after a better-than-expected March jobs report showed 228,000 positions were added last month.
Video - https://mma.prnasia.com/media2/2659060/NYSE_Market_Update_April_7th.mp4