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Stock impact report

The markets look to Trump's economic picks for signals on tariffs [Yahoo! Finance Canada]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
"Investors are on edge regarding the 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 with news reports that one of the tariff-friendliest candidates, Cantor Fitzgerald CEO Howard Lutnick, is expected to be announced as the next Commerce secretary. If nominated and confirmed, Lutnick would have a key role in trade at the Commerce Department, most notably heading up many enforcement efforts as well as likely leading the review process of any tariffs Trump aims to impose. But a Commerce Department post for Lutnick is notably less prominent than Treasury, a spot that remai Show less Read more
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