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🗓️ 7 April 2025
⏱️ 10 minutes
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Monday briefing: Stock markets; Trump protests; Robert F. Kennedy Jr.; storms; March Madness; Alex Ovechkin; and more
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0:00.0 | If you were hoping for good news about the stock market, you may not get it this morning. |
0:08.0 | That's where we're starting the seven from the Washington Post. |
0:12.0 | I'm Hannah Jewell. It's Monday, April 7th. |
0:15.0 | Let's get you caught up with today's seven stories. |
0:21.4 | Global financial markets have continued their slide. |
0:25.9 | It's tricky for me to tell you anything definitive about the stock market on this podcast, |
0:30.9 | since things can change quickly. |
0:33.1 | But at the time of this recording, a few hours before U.S. markets open, the clues suggest that things |
0:39.3 | aren't looking so hot today. Asian and European stocks continued to fall this morning. That has |
0:46.5 | extended the sell-off that was triggered by President Donald Trump's new tariffs. Last week, |
0:52.5 | the president announced 10% tariffs on imports from most of the world, |
0:57.2 | with even higher levies on certain countries. That has caused global markets to do what they're doing, |
1:03.7 | and it has sparked fears of a recession. But that hasn't daunted Trump or his top officials. |
1:10.4 | Here's White House senior counselor Peter Navarro urging Americans not to panic on Fox News's |
1:16.3 | Sunday morning futures yesterday. |
1:18.4 | Well, we're going to have this time as a very broad-based S&P 500 recovery. |
1:22.3 | It's going to be led by the companies that manufacture here in America. And people should just sit tight, |
1:30.6 | let that market find its bottom. Don't get shook out by the panic in the media. And life is going |
1:35.6 | to be beautiful under Donald John Trump. And that's where we're headed. So administration officials |
1:41.5 | appear to remain in lockstep in their support of Trump. |
1:45.5 | But some of the president's most vocal supporters are beginning to question his moves. |
1:50.9 | Meanwhile, Democrats are aggressively criticizing the president. |
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