Growth Concerns Continue
Stocks skidded last week with the S&P 500 suffering its largest weekly pullback since September while the Nasdaq Composite was briefly in correction territory. Investor sentiment was negatively impacted by growth concerns after being whipsawed by tariff headlines. U.S. trade levies against Mexico and Canada went into effect on Tuesday but two days later President Trump granted a one-month tariff reprieve for all products that fall under the 2020 US-Mexico-Canada Agreement (USMCA).
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