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Stock impact report

Markets look to Howard Lutnick, other Trump economic picks for signals on tariffs [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
contest to become his treasury secretary while focusing Wall Street's attention on other key posts. "Investors are on edge regarding ... Trump's Treasury Secretary pick and what it might signal about the balance of power within the administration on economic policy," wrote Evercore ISI in a note to clients this week. Indeed, reactions to the ongoing selection process suggest that markets have plenty of questions about the market-friendliness of Trump's coming administration, with his treasury pick set to be taken as a key signal there. And Tuesday offered at least one clue about the direction, one of the tariff-friendliest candidates, Cantor Fitzgerald CEO Howard Lutnick, being announced as the next commerce secretary to, as President-elect Trump put it in the announcement , "lead our Tariff and Trade agenda." If confirmed, Lutnick would have a key role in trade at the Commerce Department, heading up many enforcement efforts , leading the review process of any tariffs Trump ai Show less Read more
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