Big 2leaps and losses over the last week have been something to watch, even for households without major investments, because of what they can mean for consumer prices and even for jobs.
President Donald Trump's 3sweeping tariff plan has 4unleashed 5turmoil in the stock market.
"If you're like me, I am first generation in the stock market. So to see these type of drops is heartbreaking and very scary. And we need to 6acknowledge that and say it's OK that you're scared."
When investors believe in a company's ability to deliver on the goods and services they've promised and consumer demand for them, that company's stock often becomes more 7desirable and pushes the company's value higher.
Losses across the 30 diverse companies that 8compose the closely watched Dow—from Apple to McDonald's to Walmart—mean investors are 9anxious about what broad tariffs and a global trade war mean for the future.
"The longer this lasts, the more of an economic 10drag it is with uncertainty both by the consumer, investor and certainly people that run companies. And the longer that lasts, the more real economic damage we're doing."
When a company's stock goes down, they can eventually be challenged to make decisions about infrastructure like hiring and the number of people they can continue to 11employ.
They may also 12hike prices to cover costs, which can also 13squeeze consumers.
And for those 14lamenting retirement losses as the market has 15turned down, experts say it's important to look forward, not back, and 16stay on top of that money.
"What's really important to you always, whether you're taking a loss or not, is what will do well ahead."
And that 90-day pause that President Trump announced does not include China. In fact, the president raised tariffs on Chinese goods again, coming into the United States.
For other countries, the negotiations will continue, the White House says. They say more than 75 countries have 17reached out.