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Stock impact report

Dow, S&P end flat, Nasdaq snaps four-week decline on tariff hopes [Yahoo! Finance]

State Street Corporation (STT) 
Last state street corporation earnings: 4/17 07:38 am Check Earnings Report
US:NYSE Investor Relations: investors.statestreet.com
Company Research Source: Yahoo! Finance
President Donald Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared. Trump said there will be flexibility on tariffs and that his top trade chief plans to speak with his Chinese counterpart next week. The president also reiterated his plan to use duties as a way to narrow the U.S. trade deficit with China. Markets have been under pressure in recent weeks as changing announcements about the timing and size of tariffs have clouded the outlook for corporate profits as well as the Federal Reserve's monetary policy path. Stocks have shown some signs of bottoming this week, however, with the S&P climbing more than 1% on Wednesday in the wake of the Fed's latest policy announcement. The central bank kept rates unchanged and signaled two cuts were likely this year. Even so, Michael Arone, chief investment strategist for the U.S. SPDR Business at State Street Global Advisors in Boston, said it was concerning that in Show less Read more
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