As soon as the Rose Garden ceremony ended last night, investors knew they had a tough day in front of them. “Liberation Day” was announced, along with tariffs, and futures immediately dropped. That weakness continued into today’s session and did not end until the closing bell rung. As traders sit back, take a breath, and review the damage, there is little to be happy about. There were a couple sectors in the green, Staples (XLP +58bps) and Telcos (1.7%), but the downside underperformance was de…
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