Train wreck in momentum stocks drags S&P 500 sharply lower
The S&P 500 was down 1.8%, the Nasdaq 100 gave back 2.7%, and the Russell 2000 dropped 1.6% on Thursday. Temporary tariff relief, with President Trump delaying levies on most Canadian and Mexican impo...
A one-month reprieve from tariffs is no magic fix for the North American auto industry, Bank of America warns
The delay of tariffs on US imports of Canadian and Mexican autos and parts produced a significant relief rally in the likes of , , and on Wednesday. “The market has cheered the news, but it may be to...
US tariffs on most Mexican goods are postponed, again
President Donald Trump has again postponed his plan to tariff all Mexican imports by 25%. In a post on his social media platform, Truth Social, Trump said tariffs on goods from Mexico that fall under ...
American booze is getting pulled off the shelves in Canada. How bad could that be?
American booze is now off the shelves in most of Canada, threatening to put a $768 million dent in the US economy. Canadian provinces — including Ontario, Quebec, and British Columbia — have announced...
If Walmart can’t get its Chinese suppliers to roll back prices, everyone else is in deep trouble
According to reporting by Bloomberg, has been asking some of its Chinese suppliers to cut prices by up to 10% per round of fresh tariffs. As of now, very few suppliers are said to have agreed.
Stocks rebound on auto tariffs delay
Call it the tariff two-step. Many of the areas of the market most bedeviled by the imposition of tariffs on Mexico and Canada saw large relief rallies on Wednesday after the White House issued a one-m...
Intel tumbles after Trump demands an end to the CHIPS Act
Struggling US chip maker suffered its third straight day of deep losses after President Trump seemed to call for an end to the Biden-era CHIPS Act in his address to Congress on Tuesday evening. Intel...
Chewy spikes as picky US pet owners shy away from Chinese imports anyway
As traders scramble to figure out what tariffs are on, which ones are getting rolled back, and what comes next, there’s one company that looks like it won’t roll over: . Shares of the online retailer ...
Tariffs on Mexican goods are getting ready to hit you right in the avocados
The effects of the Trump administration’s new 25% across-the-board tariffs on Mexican imports will be hard to miss. Mexico is, after all, America’s largest trading partner. The US imported $506 billio...
Airlines are taking off on — you guessed it — possible tariff relief
After sinking more than 5% Tuesday, US airlines find themselves cautiously in recovery mode on Wednesday as investors cross their fingers for potential targeted tariff relief. , , and are all up more...
Stellantis, GM, and Ford go green on temporary auto tariff relief
Major automaker shares are experiencing a turnaround from Tuesday’s tariff sell-off . , , and are all green Wednesday. Toyota and Honda are also up. The reason for the optimism? An official one-mont...
What do tariffs on Canadian goods have to do with me?
As of today, the United States has placed a 25% tariff on everything we import from Canada and Mexico, as well as a 20% tariff on most Chinese goods. Canada has responded with retaliatory tariffs on o...
Stocks tumble again after briefly erasing massive losses
It was a very volatile day for the US stock market. Tariff Tuesday saw markets open deep in the red before rebounding through most of the afternoon, led by beaten-down AI and momentum stocks as well a...
Tariffs mean Tesla will either have to raise prices or accept lower margins
Trump’s newly enacted tariffs are bad news for one of his biggest benefactors, CEO Elon Musk, whose company has been stringing along investors for years with the promise of a low-cost car. As we wrot...
Taco Bell arises as the day’s tariff hedge
Mexican food that no one in their right mind thinks comes from Mexico is one of the most tariff-immune investments of the day. , the owner of Taco Bell, reached a record high on Tuesday amid a widespr...
Airlines are getting smacked by — you guessed it — tariffs
Airline stocks have taken a beating this week as President Donald Trump’s 25% tariffs on goods imported from Canada and Mexico take effect. Shares of carriers like , , and were all down more than 5% ...
Cruise stocks take on water during big market sell-off
Cruise stocks have been some of the hardest hit in today’s sell-off, with shares of , , and all slipping more than 6% in recent trading. The sharp drop comes as tariff concerns and economic uncertain...
Everything is deep red today — which stocks are most, and least, sensitive to a market crash?
The S&P 500 posted its biggest daily loss of the year on Monday after President Trump confirmed his tariff plans: 25% on Canada and Mexico and a doubling of levies on China to 20%, starting today. And...
Shares of GM, Ford, Stellantis continue to slide as Trump’s tariffs begin
The auto industry is not taking kindly to President Trump’s 25% tariffs on goods from Canada and Mexico. Shares of Detroit automakers , , and were all trading lower Tuesday as the new levies took eff...
Fintech stocks fall on tariff news
Consumer fintech companies are taking a hit after President Donald Trump imposed hefty tariffs on the US’s largest trading partners, a sign investors may be starting to feel bearish on stocks that are...