Wall Street closes down, pares losses after Trump delays Mexico tariffs
- Posted on February 4, 2025
- By Business News Today
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Wall Street closes down, pares losses after Trump delays Mexico tariffs
Stock indexes closed lower on Monday with tech stocks taking a hit, though partly recovering as President Trump delayed tariffs on Mexico. Defensive sectors led gains while information technology and consumer discretionary sectors fell. Treasury yields and bond yields dropped as investors moved to safer assets. Several large companies, including Tyson Foods and IDEXX Laboratories, reported strong quarterly earnings.