Scotty Beam USD Price & Performance (SCOTTYUSD)

The U.S. stock market experienced significant losses, with the Dow dropping over 650 points and the S&P 500 erasing post-election gains. Newly imposed tariffs on Canada, Mexico, and China have raised economic concerns. In retaliation, Canada and China announced countermeasures, adding to investor uncertainty and market volatility.1

President Trump's latest tariffs have triggered a market downturn, with small-cap stocks and major indexes declining. The measures have also led to speculation about potential Federal Reserve rate cuts as bond yields fall. Investors are increasingly cautious, fearing the tariffs' impact on inflation and broader economic stability.1

Target warned of profit challenges due to tariffs, despite strong earnings, while Best Buy issued a cautious sales outlook. The market's focus has shifted to consumer spending trends as companies brace for the economic ripple effects of the new trade policies. Meanwhile, Flutter reported robust Super Bowl engagement.1