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0.000300842358604032 -0.00180505415162462 0.000150421179302123 0.000300842358604032 0.00767148014440441 -0.000451263537906154 0.00195547533092653 0.00890192539109516
Stock impact report

‘Permanent damage has been done,' portfolio manager warns, as markets rejoice following Trump's tariff freeze [Yahoo! Finance]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Yahoo! Finance
remarks from Treasury Secretary Scott Bessent reassuring markets that the U.S. is not in a trade war. Ultimately, the pause will provide a temporary lift after days of global market carnage, but rampant uncertainty remains. The dreaded red turned green after President Trump pressed pause —albeit temporarily, for 90 days—on some of his tariffs in a Truth Social post on Wednesday. During the tariff freeze, a 10% universal tariff will be in effect, Trump said. The immediate positive reaction shows the announcement was the “pivotal moment we've been waiting for,” Gina Bolvin, president of Bolvin Wealth Management, said in a statement. Investors see Trump's pause as a step toward more clarity on the administration's trade policy. Bolvin said the timing also “couldn't be better” given major financial institutions including Bank of New York Mellon BlackRock JPMorgan Chase , and Wells Fargo report earnings on Friday. “This pause may provide companies with a clearer backdrop for their Show less Read more
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