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S&P 500
New York Post
161 days

Dow drops again — falling nearly 600 points as Trump ramps up Canada trade war

1. Wall Street is sliding amid recession fears and worsening trade tensions. 2. Citigroup downgraded US stocks to neutral, predicting poor performance. 3. New tariffs on Canadian steel and aluminum could escalate trade war impacts. 4. Consumer spending stalls; Delta cut earnings forecast due to demand drop. 5. Analysts predict a significant economic downturn, raising recession probabilities.

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FAQ

Why Bearish?

Increasing tariffs and downgrades from major banks suggest potential market declines. Historical tariffs have led to market volatility and contraction in trade.

How important is it?

Rising recession concerns and tariff impacts are critical for S&P 500, affecting investor confidence and valuations.

Why Short Term?

Immediate responses to tariff announcements and economic forecasts can influence market sentiment. Similar past tariff announcements led to immediate market reactions.

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