Trump Pauses Tariffs on Canada Following Border Security Agreement 
WTI Crude Falls as Trump Pauses Tariffs on Mexico, Canada 
Global Stocks Slide as Trump’s Tariffs Fuel Trade War Fears 
Australian Retail Sales Dip in December After Black Friday Surge 
Oil Prices Surge as Trump’s Tariffs Spark Supply Concerns 
U.S. Manufacturing Expands Amid Tariff Uncertainty 
New U.S. Tariffs Hit Chinese Packages: What Shippers Need to Know 
Canada Introduces Tariff Relief for Businesses Amid U.S. Trade Dispute 
Wall Street on Edge as Trump’s Tariffs Spark Fears of Inflation and Market Volatility 
Scholz Warns Against Trade Barriers as EU Eyes Response to U.S. Tariffs 
Dollar Surges as Trump Imposes New Tariffs, Global Markets React 
Global Markets Plunge as Trump Imposes Sweeping Tariffs on Canada, Mexico, and China 
South Korea’s Retail Sales Decline Amid Political Unrest and Weak Consumer Spending 
BIS Warns Fed and ECB: Rethink Interest Rates to Control Inflation 
Global Currencies Stabilize as U.S. Tariff Uncertainty Persists 
U.S. stock indexes closed lower Monday but rebounded from earlier steep losses after President Donald Trump delayed new tariffs on Mexico. Trump granted a one-month pause after Mexico agreed to deploy 10,000 National Guard troops to curb illegal drug trafficking, especially fentanyl.
Over the weekend, Trump had announced 25% tariffs on Mexico and Canada and 10% on China, warning of short-term economic pain. Analysts fear prolonged tariffs could further pressure markets and drive inflation. The Dow Jones fell 122.75 points (0.28%) to 44,421.91, while the S&P 500 lost 45.96 points (0.76%) to 5,994.57, and the Nasdaq dropped 235.49 points (1.2%) to 19,391.96. Defensive sectors like healthcare and consumer staples gained, while tech and consumer discretionary stocks lagged.
Automakers, hit hard by tariff concerns, recouped some losses, with Ford slipping 1.9% and GM dropping 3.2%. The Cboe Volatility Index spiked before settling at 18.6. Meanwhile, AI-driven market disruptions persisted, with Nvidia sliding 2.8% as semiconductor stocks dipped 1.8% following concerns over Chinese AI startup DeepSeek’s breakthrough.
The small-cap Russell 2000 index briefly touched a three-week low before closing down 1.3%. Investors sought safety in bonds and gold, pushing spot gold to a record high. Treasury yields edged lower.
Earnings season continued, with Tyson Foods rising 2.2% after an upbeat sales forecast and IDEXX Laboratories surging 11.1% on strong earnings. Economic data showed U.S. manufacturing expanded for the first time in two years.
Declining stocks outnumbered advancers by a 2.18-to-1 ratio on the NYSE and 2.37-to-1 on the Nasdaq. Trading volume reached 16.34 billion shares, above the 20-day average of 15.57 billion.
