Home Business U.S. Stocks Poised For Third Straight Day Of Heavy Losses

U.S. Stocks Poised For Third Straight Day Of Heavy Losses

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Wall Street braced for more pain Monday, with major indexes pointing closer to bear market territory as investors reckoned with policy whiplash and the economic ripple effects of President Donald Trump’s tariffs.

Stocks are facing another week of “elevated uncertainty about tariffs, their duration, and the potential for more retaliation,” said Carol Schleif, chief market strategist at BMO Private Wealth in Minneapolis, noting that investors are puzzling through what makes sense under new tariff regimes.
“While the past few days in markets have been unsettling, market readjustments to unexpected events are often swift and brutal as traders search for a new floor and work new information into their models,” Schleif said Monday in comments emailed to The Washington Post. “This current volatility was exacerbated since stocks were trading at record highs and elevated valuations back in February heading into this market correction.”

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