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As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations.

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. Many business executives were optimistic that President Donald Trump would cut taxes and pursue deregulation, which they expected would bolster growth. Instead, Trump has aggressively implemented tariffs — and tariff threats — against the United States' largest trading partners.

Demand Warning From Airlines Hits Booking, Hotel, Cruise Stocks

The marijuana fintech's stock price has fallen in recent months amid regulatory uncertainty for cannabis financial services.

Verizon shares dropped Tuesday after the company warned it could see soft subscriber growth after a "challenging" quarter.

Renault Group will cut 300 jobs at a van factory in northern France, the carmaker said on Tuesday, responding to slowing European demand for commercial vehicles in the face of growing economic uncertainty. The French company, which is the European van market leader under its Renault brand, makes about 14% of its sales from the vehicles used by delivery companies and tradesmen. A Renault spokeswoman said that 300 of the interim staff will not have their contracts renewed when they expire.

The department store is attempting another turnaround.