Why Wells Fargo favors industrial stocks despite new tariffs as S&P 500 stumbles - MarketWatch

1. Wells Fargo endorses industrial stocks amid recent tariff-induced selloff. 2. Tariffs may boost prices, but growth factors like infrastructure spending are favorable. 3. Trump paused tariffs on Canada, indicating potential negotiations that may stabilize markets. 4. Industrials sector impacted less by tariffs due to solid economic growth forecasts. 5. S&P 500 target projected at 6,500 to 6,700 by end of 2025.