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20 stocks leading the stock-market plunge on Monday as Trump brings down the tariff hammer - MarketWatch

1. President Trump announced a 25% tariff on imports from Mexico and Canada. 2. S&P 500 fell 1.9%, with 91% of stocks declining in morning trading. 3. Tariffs on Mexico are paused for a month, affecting market sentiment. 4. Idexx Laboratories shares rose 11% due to strong earnings and revenue growth. 5. Overall market shows volatility in response to tariff announcements.

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FAQ

Why Very Bearish?

The initial tariff announcement caused a significant drop in S&P 500, indicating negative investor sentiment. Historical examples show tariffs often disrupt market stability and investor confidence.

How important is it?

Tariffs significantly affect business costs and profitability, impacting stock performance in the S&P 500. A major economic event like this has high relevance for market direction.

Why Short Term?

Stock prices are likely to react quickly to tariff news, but may stabilize thereafter. Previous tariff announcements have led to immediate declines but sometimes recover as markets adjust.

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