Stocks trended down after all three main U.S. equity indexes opened the new week in the green, as investors, traders and speculators continue to adjust to the Trump administration. At issue Monday were new and additional tariffs on Canada, Mexico and China scheduled to take effect on Tuesday as well as softening incoming economic data.
"A fundamental shift in macro and foreign policy has driven recent market volatility," observes BlackRock Investment Institute Portfolio Strategist Devan Nathwani. "That comes on top of mega forces – structural shifts like artificial intelligence (AI) – that are shaping the outlook and can lead to varied outcomes over the medium term."
