Dow claws back sharp losses, turns positive in stunning reversal after U.S. tariffs on Mexico are paused
Posted: Feb 03, 2025
- Dow Jones Industrial Average rebounded after U.S. and Mexico paused tariffs
- S&P 500 and Nasdaq Composite also recovered from earlier lows
- iShares MSCI Mexico ETF (EWW) traded 2% higher
- President Trump and President Sheinbuam reached a temporary agreement on tariffs
- Economists warn that tariffs could hurt economic growth and increase inflation
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