Stocks Rally Off Lows, Nasdaq Closes Positive After White House Hints Canada, Mexico Could Be Exempt From Tariffs - NBC Southern California
National & International News
The day’s top national and international news

Stocks Rally Off Lows, Nasdaq Closes Positive After White House Hints Canada, Mexico Could Be Exempt From Tariffs

    processing...

    NEWSLETTERS

    White House Chief Economic Adviser Gary Cohn Resigns

    President Donald Trump's top economic adviser, Gary Cohn, resigned Tuesday after butting heads with the president over tariffs. (Published Wednesday, March 7, 2018)

    Stocks closed well off session lows on Wednesday after the White House hinted Canada and Mexico could be exempt from tariffs proposed by President Donald Trump, CNBC reported.

    The Dow Jones industrial average ended 80 points lower after falling more than 300 points. The S&P 500 closed just below breakeven after falling nearly 1 percent. Real estate and tech were the best-performing sectors.

    The Nasdaq composite closed 0.4 percent higher, hitting a session high in late-afternoon trade, as shares of Facebook and Alphabet rose 2.2 percent and 1.3 percent, respectively.

    White House press secretary Sarah Huckabee Sanders said the tariff plan could include carve-outs for Mexico and Canada, two key U.S. trade partners.

    Boy Gets Hug From Trump at Florence Aid Event

    [NATL] Boy Gets Hug From Trump at Florence Aid Event

    While handing out meals to Hurricane Florence victims in New Bern, North Carolina, President Donald Trump got a special request — a hug from a young boy who was helping out. Trump obliged

    (Published Wednesday, Sept. 19, 2018)