Reported about 15 hours ago
Automakers and beer brewers recovered losses after President Trump announced a one-month pause on new tariffs against Mexico, easing concerns over a potential trade war. Early trading saw significant declines, particularly in auto stocks and other sectors heavily reliant on imports from Mexico and Canada, but later gains in major indices reflected some optimism. Analysts warned that the continued uncertainty and potential for profit erosion could destabilize markets and impact consumers.
Source: YAHOO