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Stock impact report

Stock Market Today: Stocks surge as Trump retreats on tariffs with 90-day pause [Yahoo! Finance]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: Yahoo! Finance
2008, after President Donald Trump has issued a 90-day pause on the so-called 'reciprocal' tariffs he put in place just two days ago. The S&P 500 ended 474 points, or 9.52% higher on the day, with the Nasdaq gaining 1,857.06 points, or 12.16%. The Dow finished with a staggering 2,962.85 point surge. Overall trading market volume topped 30 billion shares, the most on record. "The stock market rebound is a combination of speculative investors needing to cover short positions; less fear of recession and stagflation; and optimism that tariff rates will ultimately end up lower than they are threatened today," said Bill Adams, chief economist for Comerica Bank in Dallas. "Businesses will be relieved that the destination for trade policy looks like it could be less disruptive than seemed possible yesterday," he added. "Even so, the huge overhang of policy uncertainty will weigh on investment and weak decisions in the next few months." Updated at 2:15 PM EDT Stocks are adding to gai Show less Read more
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