Stock market today: Dow, S&P 500, Nasdaq soar as Trump announces '90 day pause' on tariffs for most countries, ups levies on China [Yahoo! Finance Canada]
Piper Sandler Companies (PIPR)
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Source: Yahoo! Finance Canada
The benchmark S&P 500 ( ^GSPC ) roared up over 7%, while the tech-heavy Nasdaq Composite ( ^IXIC ) rallied nearly 9%. The Dow Jones Industrial Average ( ^DJI ) lifted over 6% or over 2,400 points. All three of the major averages had previously been lower at some point in the session. "I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately," Trump posted on Truth Social just before the market lifted off. Trump also announced in the post that the US would be raising its tariffs on China to 125%. Meanwhile, the benchmark 10-year Treasury yield ( ^TNX ) continued a recent surge, moving up near 4.5% before paring those gains. The 10-year has seen its largest three-day jump since 2001. China retaliated on Wednesday after the Trump administration delivered on its threat to impose whopping 104% duties on its exports to the US. After a delay in responding that markets hoped showed signs of restraint , Beijin
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PIPR
Earnings
- 10/31/25 - Beat
PIPR
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- PIPR's page on the SEC website