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NASDAQ:WSC 23 February 2026

Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings stock slides as tariff turmoil dents appetite for industrials

Herc Holdings Inc shares dropped 2.3% to $150.00 in early New York trading Monday after President Donald Trump announced a new 15% tariff following a Supreme Court ruling. United Rentals and WillScot Mobile Mini also declined. Herc last week reported Q4 rental revenue up 24% to $1.039 billion and net debt of $8.1 billion. The company forecast 2026 rental revenue of $4.275–$4.4 billion.

Stock Market Today

  • ASX 200 Faces Pressure as US Futures Fall and Oil Prices Surge
    April 6, 2026, 12:44 AM EDT. Australian shares are set to reopen under pressure following the Easter break. The S&P/ASX 200 index was initially tipped to rise 0.1%, but escalating US-Iran tensions, with President Donald Trump threatening further conflict, drove oil prices higher and subdued Asian equities. US equity futures slipped as markets grappled with the risk of extended energy supply disruptions. Investors remain cautious amid the unsettled geopolitical climate and volatile commodity prices, which cloud the outlook for regional markets this week.
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