Economic Uncertainties Batter Trading in These 10 Firms

3. Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Interactive Brokers fell by 8.95 percent on Wednesday to end at $157.90 apiece as investors sold off positions on expectations of muted trading activity.

This came after Federal Reserve Chairman Jerome Powell warned on Wednesday of the impact of President Donald Trump’s tariff policies on the US economy, saying that it could inflict lasting economic damage.

“We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Powell said.

The news was particularly relevant for IBKR on expectations that the tariffs’ economic impact could slow down market trading activities.

Additionally, IBKR announced adjusted earnings per share of $1.88, missing analyst estimates. However, its net income expanded by 14.6 percent on a year-on-year basis.