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Wall Street falls following Trump’s tariffs but pares its losses after Mexico announces a delay

  • Wall Street experienced significant losses due to concerns over President Donald Trump's tariffs, with the S&P 500 falling by 0.78 percent by market close on Monday afternoon.
  • Mexican President Claudia Sheinbaum announced a one-month pause on tariffs after speaking with Trump, leading to some recovery in U.S. Stocks.
  • Canadian Prime Minister Justin Trudeau warned of retaliation if tariffs are imposed on Canada, stating that Canadians need to respond to protect their interests.
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Stock market today: Wall Street is mixed as the focus returns to corporate profits; Alphabet sinks

NEW YORK (AP) — Google’s parent company and other tech stocks are weighing on a mixed Wall Street Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 was virtually unchanged in midday trading, as more stocks rose in the index than fell. The Dow Jones Industrial Average was up 75 points, or 0.2%, as of 11:45 a.m. Eastern time, and the Nasdaq composite was 0.2% lower. Alphabet sank 7.8% even though Google’s…

·Washington, United States
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CNN broke the news in Atlanta, United States on Sunday, February 2, 2025.
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