President Trump and White House officials are preparing Americans for a possible economic slowdown but project optimism for future growth. Trump emphasizes a transition period, distancing from Wall Street as an indicator of success and blaming his predecessor for the current economic challenges.

The S&P 500 saw a decrease as traders anticipated clarity on ongoing tariffs affecting the economy, with notable drops in several tech stocks like Marvell Technology and Nvidia. Analysts expressed concerns over the implications of President Trump's tariff policies on economic conditions leading up to a critical jobs report.

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