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Such tariff measures are usually aimed at protecting the market competitiveness of the domestic steel and aluminum industries and preventing the impact of imported products. The extension of this policy is also expected to have a lasting effect on relevant Canadian industries as well as the international trade of their steel and aluminum products.

Of the 11 sectors in the S&P 500 Index, the information technology/technology sector closed down by 1.52%—with constituent stocks Lumentum, ServiceNOW, IBM, Datadog, and Palantir leading the decline. The financial sector fell by 1.21%, consumer discretionary by 1.07%, telecommunications by 0.18%, while the energy sector closed up by 1.38%.

As a leading company in the warehouse retail industry, Costco's growth also indirectly reflects that its current market expansion and operational strategies are proving effective, with overall revenue performance maintaining a steady growth trend.