ICE Stock Rises 046% to $11450 Amid 4069% Volume Drop to 224th Ranking

On April 11, 2025, Intercontinental Exchange (ICE) saw a 0.46% increase in its stock price, closing at $114.50. The trading volume for the day was 4.33 billion, marking a 40.69% decrease from the previous day. This placed ICE at the 224th position in terms of trading volume for the day.

Economist Richard Wolff, in a recent interview, discussed the impact of Trump's tariff policies on the economy. Wolff highlighted that the tariffs, which were initially set at 10% and later reduced, have created uncertainty in the market. This uncertainty has led to a decrease in consumer confidence and a slowdown in economic growth. Wolff also noted that the tariffs have had a disproportionate impact on small businesses, which are less able to absorb the increased costs.

Wolff further explained that the tariffs are essentially a tax on consumers, as businesses pass on the increased costs to their customers. This has led to a decrease in purchasing power and a slowdown in economic activity. Wolff also noted that the tariffs have had a negative impact on international trade, as other countries have retaliated with their own tariffs on U.S. goods.

In addition to the tariffs, Wolff discussed the impact of Trump's tax cuts on the economy. He noted that the tax cuts, which were primarily benefiting corporations and the wealthy, have led to a decrease in government revenue. This has forced the government to cut spending on social programs, which has had a negative impact on low- and middle-income households.

Wolff also discussed the impact of Trump's trade policies on the stock market. He noted that the uncertainty created by the tariffs has led to volatility in the stock market, as investors are unsure of the future direction of the economy. Wolff also noted that the tariffs have had a negative impact on certain sectors of the economy, such as manufacturing and agriculture, which are heavily dependent on international trade.