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On today's Market Minute, Madison Mills examines the stories moving markets on Tuesday.
Stellantis (STLA) shares are under pressure as trade tensions with Canada intensify.
Tesla (TSLA) stock is in focus following support from US President Donald Trump as well as analysts at Morgan Stanley saying to buy the dip.
Viking Therapeutics (VKTX) shares slump after the company announced a manufacturing deal with CordenPharma to support the commercialization of its weight loss drug.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
This post was written by Naomi Buchanan.
It's time for your Yahoo! Finance market minute. US stocks decline as President Trump looks to boost tariffs on Canadian steel and aluminum. Shares of Stelantes sliding as trade tensions between the two nations escalate. The impact of incoming tariffs weigh on Stelantes as it has several manufacturing facilities in Canada. Sticking in autos, Tesla shares see a pop following its worst day in about five years after Wall Street bulls say it's time to buy the stock. The company also getting a voice of support from President Trump who said in a Truth Social post that he's going to buy a brand new Tesla. And lastly, shares of Viking Therapeutics under pressure as the company signs a broad manufacturing agreement with Corden Pharma to support the commercialization of its weight loss drug. That's your Yahoo! Finance market minute. For more on what's trending on Yahoo! Finance, scan the QR code below where you can track the best and worst performing stocks of the session.
