Stock Markets Rocket Higher In Stunning Twist
Investors received stunning tariff news from The White House at about 1:20pm EST on Wednesday, causing stocks to rocket higher. The Trump Administration announced a 90-day pause on excess (>10%) tariffs on most countries with the exception of China.
CNBC reported that Wednesday’s market gains were the third-largest one-day % move since the end of World War 2.
See today’s market commentary and final trading numbers on the IEC’s Market Updates page.