Wall Street falls again but a rebound in technology stocks helps tamp down the losses
2 weeks, 5 days ago

Wall Street falls again but a rebound in technology stocks helps tamp down the losses

Associated Press  

Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, although a bounce back in technology stocks eased some of the pain. AP AUDIO: Wall Street’s losing streak deepens as Trump’s tariffs kick in Tariffs are sending stocks lower. Target fell 2.4% despite beating Wall Street’s earnings forecasts, saying there will be “meaningful pressure” on its profits to start the year because of tariffs and other costs. Barry said China and Mexico are the top two sources for products that Best Buy sells, and it also expects vendors to pass along tariff costs, which would make price increases for American consumers likely.

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