Industrial stocks sank as new tariffs on Canada, Mexico and China threatened manufacturers' long supply chains.
Aerospace companies like Boeing and Textron slumped. Builders FirstSource sank as lumber futures seesawed on volatility introduced by the Canada tariffs.
Airlines suffered in a move that appeared to track tariffs' drag on the consumer economy. Even Southwest, a domestic carrier, posted a sizable decline.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
March 04, 2025 16:51 ET (21:51 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.