IMF chief economist said achieving this goal will require substantial work but is essential to restoring economic resilience.

Federal agents searched Representative Ilhan Omar’s Washington-area residence on Monday, the Justice Department said. DOJ said Homeland Security Investigations executed a judge-approved search warrant obtained by the department. The search is part of an ongoing federal criminal investigation; DOJ did not identify the property owner. Trump administration officials have said agencies are probing Omar’s immigration background. Omar has denied wrongdoing and called the allegations false and politically motivated.

SK Hynix shares fell more than 6%, Samsung Electronics shares fell more than 5%.