Uncertainty over tariffs causes Union Pacific stock to drop 4%
From Yahoo Finance: 2025-04-07 15:53:00
Wall Street is grappling with the uncertainty surrounding last week’s tariff announcements, causing shares of Union Pacific to drop 4% at the opening bell. The railroad stock remains down 1% as of 3 p.m. ET. Union Pacific is a key player in transporting goods from Asia through major Pacific Ocean ports to distribute nationwide. Investors fear that tariffs could slow imports, impacting Union Pacific’s volumes. The market experienced volatility on Monday as news on tariff breakthroughs and setbacks circulated. Despite short-term uncertainty, railroads are expected to see long-term demand for transporting goods efficiently. Currently, Union Pacific offers a dividend yield of over 2.5% for investors amidst tariff concerns.
Read more at Yahoo Finance: Why Union Pacific Stock Is Sidetracked Today