Reported about 19 hours ago
U.S. stocks surged on Wednesday after President Trump temporarily reduced tariffs on imports from Mexico and Canada, sparking optimism on Wall Street about avoiding a harsh trade war. The S&P 500 rose 1.1%, led by gains in major automakers like Ford and General Motors, as investors hoped for a more favorable economic outlook. However, uncertainty remains regarding the longevity of tariffs and their impact on inflation and consumer confidence.
Source: YAHOO