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Block upgraded, Nvidia downgraded: Wall Street's top analyst calls

(Bloomberg) -- The S&P 500 Index is on the brink of a crucial technical inflection point that threatens a longer-term wipeout after President Donald Trump imposed the steepest American tariffs in a century.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersChicago School District Agrees to Minimum 16% Teacher Pay RaiseWhat Would ‘Transport

President Donald Trump's shock announcement that he would impose historic tariffs on virtually all U.S. imports shattered markets Thursday, an emphatic rebuke by investors of his effort to reorder global trade.

The Invesco QQQ Trust, an ETF that tracks the Nasdaq 100 index, plunged early Thursday after President Trump imposed sweeping reciprocal tariffs yesterday. Monitor these key support and resistance chart levels.

Small-cap stocks in the Russell 2000 can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.

The S&P 500 is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.

Lamb Weston shares jumped Thursday after the potato processing giant's latest quarterly results came in above expectations.