Trump's Tariff Clock Ticks, But 'TACO' Traders Aren't Losing Their Cool
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Tariff Deadline and Market Response: As President Trump approaches a self-imposed July 9 tariff deadline, the global trade landscape is marked by uncertainty and mixed signals from the administration, yet ETF investors remain relatively calm despite potential tariff increases affecting numerous countries.
Potential Winners and Losers in ETFs: Domestic-centric and safe-haven ETFs may benefit if tariffs are implemented, while export-oriented and European nation ETFs could face volatility; overall, equity markets have not fully reacted to the looming threat of increased tariffs.
Analyst Views on XLK
Wall Street analysts forecast XLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 143.810
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Current: 143.810
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
