Reported 10 days ago
A misleading post on social media regarding a supposed '90-day pause in tariffs' caused significant fluctuations in the stock market, illustrating the impact of unverified information. Initially stemming from comments made by National Economic Council Director Kevin Hassett, the rumor circulated rapidly, leading to confusion among investors and financial news outlets. Despite the White House's prompt denial, the erroneous news had already influenced trading behavior, underscoring the importance of accurate reporting in financial contexts.
Source: YAHOO