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Stock impact report

Trump's Tariffs Were Supposed to Boost the Dollar. Why the Opposite Happened. [Yahoo! Finance]

Applovin Corporation - Class A (APP) 
Company Research Source: Yahoo! Finance
Turns out he was right, but perhaps in the worst way. On Thursday, stocks tumbled in the U.S., Europe and Asia following Trump's unveiling of a raft of punishing “Liberation Day” tariffs. What was more unexpected is that the U.S. dollar tumbled against most major currencies. The WSJ Dollar Index, an indicator based on a basket of currencies, has now lost more than 5.9% this year and is below where it was on Nov. 5, before its postelection rally. Tesla's Global Vehicle Deliveries Sank 13% in First Quarter Zuckerberg Lobbies Trump to Avoid Meta Antitrust Trial AppLovin and Amazon Emerge as TikTok Bidders Ahead of Trump's Deadline Ben & Jerry's Co-Founder Calls on Unilever to ‘Set Us Free' ‘MAHA' Supporters Want More Beef Tallow. There's Not Enough. This is making Wall Street analysts look pretty bad: Most were telling investors, even up to the very moment in which tariffs were announced Wednesday, that protectionist policies would push up the currency. The idea was that fe Show less Read more
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