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Stock impact report

Stocks soar after Trump pauses reciprocal tariffs on most countries for 90 days [CBS News]

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: CBS News
reciprocal tariffs, adding that he would lower that rate to 10% for most countries effective immediately. The Dow Jones Industrial Average surged 2,963 points, or 7.9%, to close at 40,608, while the broad-based S&P 500 climbed 474 points, or 9.5%, to 5,457. The tech heavy-Nasdaq composite index jumped 1,857 points, or 12.2%. The S&P 500's gain was the biggest one-day increase since October 2008, according to financial services company Factset. One notable exception to Mr. Trump's decision is China, with the president saying he's increasing the tariff rate on goods imported from that nation to 125%. "Based on the lack of respect that China has shown to the World's Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately," he wrote. Prior to the announcement, the S&P 500 had been down about 17% from its mid-February peak, pushing stocks toward a bear market, or when shares fall more than 20% from their most recent Show less Read more
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