This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: On Monday morning, we all got a preview of how the market might get out of this mess. …
Finance
What Wall Street is saying
The pause heard ’round the world of investing. The S&P 500 (^GSPC) exploded 9.5% on Wednesday as President Trump announced a 90-day pause on reciprocal tariffs for most countries. He cranked up the pressure on China, however, taking tariffs up …
CPI inflation falls in March as annual core consumer prices rise at slowest rate in four years
March’s Consumer Price Index (CPI) report showed inflation pressures eased considerably last month, with annual core prices rising at their slowest pace since March 2021. But it could be the last time investors see moderating price growth as President Trump’s …
Dow, S&P 500, Nasdaq slide as tariff-pause euphoria gets a reality check
Delta (DAL) and Walmart (WMT) on Wednesday started what is sure to be a lengthy period of companies cutting or withdrawing their forecasts as a result of tariff uncertainty. But cutting guidance so an executive team can buy itself time …
Dow, S&P 500, Nasdaq futures slide as tariff-pause euphoria gets a reality check
US stock futures sank on Thursday, pulling back after the major indexes staged a historic rally amid concerns that President Trump’s broad trade offensive has become a direct confrontation with China. S&P 500 futures (ES=F) dropped 1.9%, while those on …
Many Republicans are struggling to understand the logic of Trump’s tariff actions
US Trade Representative Jamieson Greer appeared before Congress this week in an attempt to make the administration’s case on tariffs, but the testimony instead often put on display the many unanswered questions about Trump’s plans that seem to confuse even …