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Lacklustre Performance Is Driving Mattel, Inc.'s (NASDAQ:MAT) 29% Price Drop
Fisher-Price Recalls Toy Over Potential Choking Hazard
Express News | Shares of Broader Consumer Discretionary Stocks Are Trading Higher Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China
What's Driving the Market Sentiment Around Mattel?
Tariff crushes hopes for a rebound in US stocks, the Dow plunged over 2,000 points during the session, the S&P erased more than 4% of its gains and turned negative, and Apple fell 11% from its daily high at one point.
NVIDIA, which rose over 8% in the early session, closed down more than 1%. Tesla, which rose over 7% in the early session, closed down nearly 5%. The China concept Index has closed down more than 5% for two consecutive days. The yield on the two-year U.S. Treasury bond dropped nearly 20 basis points during the session. The Swiss franc surged nearly 2% in the session. Bitcoin dropped over $5,000, falling below the 0.078 million mark during the session. Crude Oil Product once fell more than 4%. Copper rose over 4% during the session but later fell more than 2%.
Zacks.com Featured Highlights Mattel, CommScope, Ubiquiti and Willdan
