Wall Street closes down, pares losses after Trump delays Mexico tariffs
The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S. President Donald Trump delayed tariffs on Mexico after his orders to levy tariffs on three countries sparked a global scramble to safe-haven assets earlier in the day.
China, which Trump announced will get hit with a 10 percent tariff starting Tuesday, will reportedly have a call with the ...
The market's reaction underscores investor anxiety about the potential economic impact of Trump's tariff plans.
GM, Ford and Stellantis stock plunged in initial trading Monday in light of a pending trade war. But Wall Street showed some ...
Among the S&P 500, 91% of stocks showed early declines following President Trump’s announcements of tariffs against Canada, ...
Some calm is returning to Wall Street, and U.S. stock indexes are making only modest moves after much of Europe and Asia rose ...
The moves were driven largely by the expectation that tariffs and a possible full-blown trade war would stoke inflation.
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