From Yahoo Finance: 2025-05-06 10:19:00

US stocks dropped on Monday, May 5, after President Trump threatened new tariffs, ending a historic market run. S&P 500 fell 0.6%, Dow Jones dropped 0.3%, Nasdaq fell 0.8%. The US dollar also lost value as Wall Street questioned a possible trade deal with China. No talks are set to begin anytime soon. President Trump announced a new 100% tariff on movies produced outside the US.

Looking ahead, Wall Street is focused on the Federal Reserve’s two-day policy meeting starting on Tuesday. The Fed is expected to keep interest rates the same. New tariff threats by President Trump are causing uncertainty in the market. Vale S.A. (NYSE:VALE) is one of the best stocks under $15 to buy according to hedge funds. The company is making progress on its projects and expects growth in production. Vale S.A. (NYSE:VALE) ranks 10th on the list of best stocks under $15 according to hedge funds. AI stocks may hold greater promise for higher returns within a shorter timeframe.



Read more at Yahoo Finance: Is Vale S.A. (VALE) The Best Stock Under $15 To Buy?