美股市场动荡加剧，Newsmax上市首日股价飙升，特朗普关税政策即将揭晓

Group 1: Market Overview - The US stock market has experienced significant volatility due to multiple factors, particularly the uncertainty surrounding President Trump's upcoming tariff policy announcement [1][4] - On March 31, the three major US indices showed mixed performance, with the Dow Jones increasing by 1% to 42,001.76 points, the S&P 500 rising by 0.55% to 5,611.85 points, while the Nasdaq fell slightly by 0.14% to 17,299.29 points [2] - For March, the Dow Jones dropped by 4.2%, the S&P 500 fell by 5.75%, and the Nasdaq decreased by 8.21%, marking the largest monthly declines since December 2022 for both the S&P 500 and Nasdaq [2][5] Group 2: Newsmax Performance - Newsmax, a conservative news network, saw its stock price surge over 735% on its first day of trading on the NYSE, closing at $83.51 per share from an opening price of $14 [3] - The stock experienced multiple trading halts due to volatility, with 10 halts occurring within the first three hours of trading [3] - Despite the impressive stock performance, Newsmax's fundamentals appear weak, with projected losses exceeding $55 million in the first half of 2024 and total liabilities of $142 million against assets of only $69 million [3] Group 3: Tariff Policy Implications - Trump's tariff policy is anticipated to have profound effects on the global trade environment, particularly for countries and industries reliant on international trade [5] - Goldman Sachs has raised the probability of a US recession within the next 12 months to 35% and lowered the year-end target for the S&P 500 to 5,700 points [5] - The uncertainty surrounding the tariff policy has led investors to flock to defensive sectors, with consumer staples ETF rising by 1.57%, financials ETF by 1.22%, utilities ETF by 1.12%, and energy ETF by 1.1% [5]