The Trump administration announced a plan to impose a 35% tariff on goods imported from Canada, causing a drop in stock prices. This move could impact the North American economy and supply chains. The S&P 500, Dow Jones, and Nasdaq all opened lower, signaling a risk-off sentiment among investors. Shopify’s shares, which have been volatile, reacted to the news but the market doesn’t see it as a game-changer. Despite being up 4.3% this year, Shopify is still below its 52-week high. Investors who bought five years ago would have seen a return on investment. Discover a lesser-known semiconductor stock recommended by StockStory analysts.

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