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American stocks fell on Tuesday as President of Donald A 25 % newly imposed tariff on the goods from Canada, Mexico and China to push Revenge measures from some affected countries.
China Imposing additional duties up to 15 % on some American products. Ottawa revenge 25 % of the tariffs on the 30 billion dollars from the United States, starting on Tuesday, and rising to cover $ 125 billion of goods in 21 days. Canada’s provinces take their own behavior, and anger citizens They boycott American products.
With the end of the day in New York, the Nasdaq boat decreased by 0.3 %, while the average Download Industrial MEVERGAL threw 670 points or 1.5 %. S & P 500, which was the worst day of the year On Monday, 1.2 % decreased.
Here are the stocks to see on Tuesday.
Best purchase
Best Buy (Babbi12.19 %The shares decreased after the electronics retailer I mentioned The results of the fourth quarter that exceeded Wall Street’s expectations. However, CEO Korea Barry pointed out this Consumer prices are likely to increase Because of President Donald Trump’s tariff.
Chipotle
Mexican Chipotle grill (CMG-1.79 %The shares have decreased due to concerns about the restaurants chain’s dependence on avocado, with 50 % of its supplies coming from Mexico. With the customs tariffs on imports of Mexico, investors are concerned about the potential impact on the company. the The company said that the various supply chain can help Stand in front of the definitions.
Nafidia
Nvidia (Nvda+2.47 % The shares have decreased with concerns that were installed on the spending -related spending and the effect of new definitions. The manufacturer of chips seems careful about the restrictions imposed on exporting artificial intelligence chips. Nvidia shares decreased Monday, after Singapore said it was achieving whether the servers that are shipped to Malaysia, which contains chips from China, have ended on the mainland.
Super micro computer
Super small computer (SMCI+8.93 %A main player in artificial intelligence devices, in the morning, was rejected, reflecting the NVIDIA stagnation. Investors are not sure how to form a Trump tariff for the future of the artificial intelligence industry. However, the stock was recovered in the afternoon by getting 10 %.
goal
Goal shares (TGT-2.66 %It was the bottom as it is Overcoming Wall Street profits. For the fourth quarter, the company announced its revenues of 30.92 billion dollars, or about $ 2.41, a profit per share. But Target said he expected a “meaningful” decrease in profits in the first quarter compared to the same period last year. A cautious outlook stems from the “constant uncertainty of consumers”, weaker sales in February, and install concerns about The effect of definitions. President Donald Trump A new tariff for imported goods from Canada, Mexico and China – Which together constituted approximately 42 % of total imports in 2024 – I came into effect early on Tuesday.
Timing
Tesla (Timing-2.74 % The shares decreased due to the increasing concerns about the definitions between investors. The new customs tariff is likely to raise car prices.
Moreover, after one day Morgan Stanley analyst Adam Jonas assigned Tesla shares as “the highest choice” In the American auto sector and raised the target price, Bank of America reduced The target price per share from $ 490 to $ 380 while maintaining a neutral classification.