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Yields fell sharply Monday as the new administration’s on-again, off-again tariff threats dent confidence.

US stocks looked set to build on losses of over 2% for the major indexes as March's struggles looked to continue.

Aerospace and defense company Redwire (NYSE:RDW) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 9.6% year on year to $69.56 million. On the other hand, the company’s full-year revenue guidance of $570 million at the midpoint came in 24.2% above analysts’ estimates. Its GAAP loss of $1.38 per share was significantly below analysts’ consensus estimates.

Building systems company Limbach (NASDAQ:LMB) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $143.7 million. On the other hand, the company’s full-year revenue guidance of $620 million at the midpoint came in 3.8% above analysts’ estimates. Its non-GAAP profit of $1.15 per share was 49.4% above analysts’ consensus estimates.

Wall Street’s stock markets plunged amid fears Donald Trump’s tariff trade war will hammer American growth.

Work management software maker Asana (NYSE: ASAN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 10% year on year to $188.3 million. On the other hand, the company’s full-year revenue guidance of $786 million at the midpoint came in 2.1% below analysts’ estimates. Its non-GAAP loss of $0 per share was $0.01 above analysts’ consensus estimates.

Upscale restaurant company The One Group Hospitality (NASDAQ:STKS) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 147% year on year to $221.9 million. Revenue guidance for the full year exceeded analysts’ estimates, but next quarter’s guidance of $202.5 million was less impressive, coming in 2.4% below expectations. Its non-GAAP loss of $0.03 per share was significantly below analysts’ consensus estimates.

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Avocado company Mission Produce (NASDAQ:AVO) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 29.2% year on year to $334.2 million. Its non-GAAP profit of $0.10 per share was significantly above analysts’ consensus estimates.

The "Magnificent Seven" stocks were at the center of a sell-off in markets on Monday as investors continue to take risk off the table.