“While the lower tariffs are technically only in place for 90 days … the news is clearly an upside positive surprise,” wrote one trader.
Related Posts
Restaurants warn of weak first quarter, but say sales will pick up later this year
Freezing temperatures, wildfires and a still-cautious consumer led to lower sales in January.
Stock futures are little changed as Wall Street awaits Fed’s preferred inflation reading: Live updates
Traders looked ahead to a key inflation reading due Wednesday morning.
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines emerged from Chapter 11 bankruptcy this week, meeting its target to exit in the first quarter.