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Auto industry leader previews NY Auto Show amid tariff concerns

  • Stock markets increased Tuesday as investors considered bank earnings and potential tariff relief.
  • Hopes for tariff relief from President Trump spurred gains after a volatile week.
  • Shares in auto companies surged, while Bank of America and Citigroup also climbed.
  • Trump said he was "looking at something to help some of the car companies" on tariffs.
  • European markets closed higher; London and Frankfurt both rose 1.4 percent.
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Stocks rise on bank earnings, auto tariff hopes

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over hopes of tariffs relief from US President Donald Trump.

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vz.lt broke the news in on Tuesday, April 15, 2025.
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