The U.S. Supreme Court struck down Trump-era tariffs, leading to a jump in several stocks, including First Solar, Viavi Solutions, Orion, Limbach, and Oshkosh. This decision is expected to lower costs for manufacturers by reducing the price of imported parts and materials, alleviate budget pressures for firms, and could potentially lead to faster interest rate cuts. The ruling is particularly beneficial for small and medium-sized businesses and has seen some companies like Viavi Solutions reach new 52-week highs.
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First Solar, Viavi Solutions, Orion, Limbach, and Oshkosh Stocks Trade Up, What You Need To Know
The U.S. Supreme Court struck down Trump-era tariffs, leading to a jump in several stocks, including First Solar, Viavi Solutions, Orion, Limbach, and Oshkosh. This decision is expected to lower costs for manufacturers by reducing the price of imported parts and materials, alleviate budget pressures for firms, and could potentially lead to faster interest rate cuts. The ruling is particularly beneficial for small and medium-sized businesses and has seen some companies like Viavi Solutions reach new 52-week highs.