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Stocks rise as stability returns, autos surge on exemption hope

  • Tech stocks globally rallied Monday after the US exempted some electronics from tariffs.
  • Uncertainty over trade policy and tariffs between the US and China had previously dampened market sentiment.
  • Shares of Apple suppliers like Foxconn and Samsung rose, and auto firms also saw gains.
  • Kevin Hassett said the White House received more than 10 deals with "very, very good, amazing offers".
  • Despite the rally, concerns persist as Trump warned, "NOBODY is getting ‘off the hook’ on tariffs.
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+3 Reposted by 3 other sources
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Stocks rise as auto shares surge on tariff break hopes

Stock markets rose Tuesday, with shares in several automakers gaining after US President Donald Trump hinted that the sector could get some tariff reprieve.

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Stocks rise as stability returns, autos surge on exemption hope

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

·Missoula, United States
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verdenews.com broke the news in on Sunday, April 13, 2025.
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