A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
US jobs report for March was better-than-expected, renewing focus on some sector-specific ETFs. Healthcare, transportation, and food retail are timely opportunities.
Well, we started off great, at least. Pre-market futures got off to a roaring start after overseas markets expressed optimism that trade deals with the U.S. were nigh.
Shyft has gotten torched over the last six months - since October 2024, its stock price has dropped 23.1% to $8.98 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Shares of parcel and cargo delivery company FedEx (NYSE:FDX)
fell 12.2% in the afternoon session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
Looking back on air freight and logistics stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including C.H. Robinson Worldwide (NASDAQ:CHRW) and its peers.
Williams-Sonoma, FedEx, and Advanced Micro Devices are at rock-bottom and ready to stage rebounds that could begin in Q2 with the Q1 earnings releases. W
Gold surged to $3,085, silver jumped to $34.15, but is the silver squeeze real or fantasy? Trump’s explosive tariffs, Kentucky’s stunning veto override, Fed folding rumors, GameStop’s bizarre Bitcoin bet, and why the economy is quietly cracking.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 8% over the past six months. This performance was disappointing since the S&P 500 stood firm.
