Best Buy, Five Below Sink Amid Trump Tariff Concerns -- Market Talk

Dow Jones11-06

1022 ET - Best Buy and Five Below are falling following the presidential election victory of Donald Trump, who has vowed to impose new tariffs on Chinese imports. Both companies have high exposure to Chinese sourcing. Citi analysts call them out as two of the retailers most at risk if the higher tariffs come to fruition, alongside Steven Madden, Oxford Industries and Boot Barn Holdings. The latter two companies are actually up in early trading, while Steven Madden shares are down 4%, Best Buy slides 5% and Five Below drops 8%. (dean.seal@wsj.com)

(END) Dow Jones Newswires

November 06, 2024 10:22 ET (15:22 GMT)

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The latter two companies are actually up in early trading, while Steven Madden shares are down 4%, Best Buy slides 5% and Five Below drops 8%. 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Both companies have high exposure to ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0868494617.USD","symbol_name":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481981126","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481981126","pubTimestamp":1730906520,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1022 ET - Best Buy and Five Below are falling following the presidential election victory of Donald Trump, who has vowed to impose new tariffs on Chinese imports. 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