Wall Street, NY – Investors are on edge ahead of April 2, a date market analysts have dubbed “Vortex Day” due to its potential for widespread volatility. The looming combination of new tariff rollouts and Tesla’s quarterly delivery report is expected to drive major market swings, particularly in the tech sector.
Tech Stocks Face Uncertainty Amid Tariff Fears
According to analyst Gene Munster, the market’s most valuable tech companies—often referred to as the “Mag Seven”—have struggled this year, with Meta being the only exception. Munster warns that the sector hasn’t yet found its bottom, suggesting further downside could be ahead.
Tesla, alongside Apple, is expected to be among the hardest hit by the new tariffs, given their heavy reliance on international supply chains. The delivery report, anticipated on April 2, is expected to show weaker-than-forecasted numbers, adding to investor anxiety.
Despite near-term volatility, Munster remains optimistic about tech stocks’ long-term upside, predicting a recovery by the end of 2025—unless an economic downturn disrupts the trend.
Ford Gains on Tariff Optimism
In contrast to the tech sector’s struggles, Ford (NYSE: F) shares rose 2.19% on Monday, closing at $10.25, as investors reacted positively to reports of potentially scaled-back tariffs on automakers. The possibility of a more targeted trade policy has eased concerns about rising production costs and supply chain disruptions, giving Ford a short-term boost.
While Ford’s outlook appears stable for now, analysts caution that shifting trade policies could still create headwinds for the auto industry.
Market Outlook: Eyes on Vortex Day
With Vortex Day fast approaching, market watchers are bracing for a wave of volatility, particularly in tech and electric vehicle stocks. Tesla’s delivery numbers and the impact of new tariffs are expected to be key catalysts, shaping market sentiment heading into the second quarter.
