US investors are focusing on two key economic events as they weigh the impact of tariffs on their portfolios. The S&P 500 Index shows elevated implied volatility for March 31, a day after the release of the Core PCE Price Index, which is closely watched by the Federal Reserve to gauge inflation. Additionally, job data due out April 4 may also influence market sentiment. As Donald Trump’s “Liberation Day” tariff announcement approaches on April 2, investors are seeking protection against potential market swings, leading to increased demand for options trading.
Source: https://www.bloomberg.com/news/articles/2025-03-23/options-market-focused-on-jobs-and-inflation-over-tariff-reveal