Walt Disney Stock News

The Chinese government retaliated after the U.S. raised tariffs on imports from the country, restricting the number of Hollywood films it would allow to be showcased in its movie theaters. The Chinese box office was once a coveted space for American-made movies, so much so that studios produced films that would appeal directly to its audiences.

The shares have sold off hard this year. Investors may want to take them for a ride.

Long before the S&P 500 became Wall Street's benchmark index, the iconic Dow Jones Industrial Average (^DJI 7.87%) was viewed as the best barometer of the stock market's health. Since its inception in May 1896, the Dow has evolved from a 12-stock, industrial-focused index to one that now houses 30 time-tested, multinational companies.

Some of the most beaten-down stocks showed big signs of life again, including Boeing, Nike, and Disney.

“BE COOL!” urged President Donald Trump early Wednesday amid widespread dismay at global tariffs that went into effect overnight. By mid-afternoon, facing massive blowback, he reversed course, announcing a 90-days suspension of most new import taxes, fueling a market buying frenzy after a dismal week.

President Trump shocked the markets and its constituents with his “Liberation Day” tariffs. His intent of promoting his America First initiative, reviving the nation's manufacturing industry and lowering trade deficits, was overshadowed by the worst two-day stock market decline in history as the markets shed $6.6 trillion.

Ever since President Donald Trump announced his tariff plan, there's been no shortage of stocks that are trading for a big discount to their previous highs. This includes some of the most rock-solid brands in the world.

For well over a century, the stock market has been a bona fide wealth-creating machine. But this doesn't mean equities aren't susceptible to big moves lower from time to time.