Global markets were thrown into turmoil following U.S. President Donald Trump’s tariff announcement on April 2, 2025, triggering a historic sell-off in the S&P 500. The event underscored the fragility of global market reliance on geopolitical policy shifts and how these decisions directly impact investor sentiment. The Dow experienced one of its sharpest declines since the pandemic with over 1,600 point drop within a single session. Experts noted the resilience of key technology stocks in contrast to traditional ‘buy the dip’ strategies that may no longer be effective. 2024’s best-performing tech stocks saw positive gains, while some of the worst performing stocks lagged behind during the month. Professor Aswath Damodaran highlighted this trend as momentum and growth stocks regained traction, particularly in the last weeks of April, defying market declines.