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U.S. and global markets plunge after Trump tariffs heighten chance of a broader trade war [BNN Bloomberg (Canada)]
Last dollar tree, inc. earnings: 3/4 07:30 am
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US:NASDAQ Investor Relations: dollartreeinfo.com/investors
The double-digit tariff hikes rippled through world markets and economists are warning that the risk of recession is climbing. Futures for the S&P 500 slumped 3.4% before the bell, while Dow Jones Industrial Average futures lost 2.8%, auguring potential losses when U.S. markets reopen in a couple hours. Nasdaq futures tumbled 3.8%. Oil prices fell more than 4% and the U.S. dollar hit its lowest level against the Japanese yen since early October. It was the fourth straight day that U.S. markets have begun falling early, though unlike the previous three, it appears unlikely that stocks will recover by day's end. After the U.S. market closed Wednesday, Trump declared a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States. Trump says the U.S. will charge a 34% tax on imports from China, a 20% tax on imports from the European Union, and 32% on Taiwan, a crucial supplier of computer chips. The
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- Dollar Tree (NASDAQ:DLTR) was given a new $150.00 price target on by analysts at Telsey Advisory Group.[MarketBeat]
- Dollar Tree (NASDAQ:DLTR) was given a new $149.00 price target on by analysts at Truist Financial Corporation.[MarketBeat]
- 1 Momentum Stock on Our Watchlist and 2 That Underwhelm [Yahoo! Finance][Yahoo! Finance]
- Wells Fargo's ‘tariff relief' beneficiaries ranked by SA Quant metrics [Seeking Alpha][Seeking Alpha]
- Best Stock to Buy Right Now: Costco vs. Dollar Tree [Yahoo! Finance][Yahoo! Finance]
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