Shares of Opendoor, Live Nation, Funko, Stitch Fix, and Genesco jumped after the Supreme Court struck down sweeping Trump tariffs, providing potential relief to companies affected by international trade disputes. The ruling is expected to lower operating costs for manufacturers and retailers, potentially leading to stronger earnings and more competitive pricing. Despite this positive development, the Trump administration announced plans for a new 10% global tariff, which could introduce future market volatility.
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Opendoor, Live Nation, Funko, Stitch Fix, and Genesco Shares Are Soaring, What You Need To Know
Shares of Opendoor, Live Nation, Funko, Stitch Fix, and Genesco jumped after the Supreme Court struck down sweeping Trump tariffs, providing potential relief to companies affected by international trade disputes. The ruling is expected to lower operating costs for manufacturers and retailers, potentially leading to stronger earnings and more competitive pricing. Despite this positive development, the Trump administration announced plans for a new 10% global tariff, which could introduce future market volatility.