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Stock impact report

Stocks discover there is no “Liberation Day” from tariffs or AI risk [Wealth Professional (Canada)]

Smurfit WestRock plc Ordinary Shares (SW) 
Tariffs are back, AI fears are rising, and markets just reminded investors how fragile this rally can be. US stocks slid Monday as investors reacted to US President Donald Trump's latest tariff escalation and mounting concerns that artificial intelligence could disrupt profits across key sectors. CNBC reports the S&P 500 fell about 1 percent to 6,837.75, the Dow Jones Industrial Average dropped roughly 1.7 percent or 821.91 points to 48,804.06, and the Nasdaq Composite lost about 1.1 percent to 22,627.27. Trump moved quickly after the Supreme Court struck down his sweeping “reciprocal” tariffs He first announced a 10 percent global tariff on Friday, then raised it to 15 percent on Saturday. AP News said the 15 percent levy can run for up to 150 days unless Congress extends it, while the administration pursues other channels for more permanent measures. CNBC reported that the White House is using Section 122 of the Trade Act of 1974 , which lets a president impose duties f Show less Read more
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