The MarketReader Minute
🛒 XLY Declines Amid Tariff Threats; Amazon and Tesla Hit by Market Concerns and Geopolitical Tensions | Retail Sector Insights
(XLY) has experienced a notable decline, closing down significantly at $226.00, a drop of $4.01. This downturn reflects broader market declines driven by President Trump's recent tariff threats, particularly a 25% tariff on Colombian imports, which has escalated trade tensions.