Algebra USD Price & Performance (ALGBUSD)

President Trump has announced a 200% tariff on European wine, champagne, and spirits, intensifying trade war fears. The move comes alongside continued steel and aluminum duties, prompting Canada and the EU to retaliate. Markets are reacting with caution, as global trade uncertainty could further strain economic growth and equity markets.12

The U.S. Dollar has stabilized after a volatile week, recovering from a seven-day losing streak. While inflation concerns persist, the greenback faces conflicting pressures from trade-related risks and Federal Reserve rate expectations. Investors are closely watching upcoming data and Fed guidance to determine the currency’s near-term trajectory.13

The S&P 500 has entered correction territory, down 10% from its February peak, erasing $5 trillion in value. Concerns over trade disputes and economic slowdown are weighing on sentiment. Analysts warn that if conditions worsen, the risk of a bear market could increase significantly, putting further pressure on global equities.12