The S&P 500 has declined nearly 19% due to President Trump’s trade policy shift, causing extreme bearish sentiment in the market. However, historically, such sentiment has led to strong market returns, with the index potentially rising 27% over the next year. Despite concerns over Trump’s tariffs impacting the economy negatively, past performance suggests the stock market will likely recover from the current downturn.
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Why Deckers Outdoor Stock Jumped Today
Shares of Deckers Outdoor (NYSE: DECK), known for brands like Hoka and UGG, rose by 11.7% after the company reported better-than-expected first-quarter results, alleviating investor concerns following a significant stock decline earlier in the year due to tariff fears and weakening consumer sentiment. The positive results reaffirmed confidence in the company's growth trajectory. Want More Context? 🔎
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