Tariffs on Wednesday Could Drive Big Swing in Stocks, JPM Says
President Donald Trump's tariff "liberation day" is almost here. Investors are bracing for the unknown, but options trades can offer a hint of what's to come as far as the reaction in the stock market. According to options data tracked by equity derivative strategists at JPMorgan, the S&P 500 is projected to move as much as 1.6% in response to the tariff announcement. The Nasdaq 100 and Rusell 2000 are set to move 1.8% and 2.1%, respectively.Though a downside move of this size would bring the S&P 500 back to...


