2025-04-23
13 分钟U.S. stocks bounce back, lifted by optimism from the White House on tariff negotiations.
Plus, dealmakers struggle to make sense of Trump's antitrust policy.
And the International Monetary Fund anticipates that global economic growth will slow,
with the U.S. hit particularly hard.
Their problem is to do with protecting businesses in such a way that everybody gets a little bit kind of lazy and complacent.
And that dynamism that the U.S. economy in particular is renowned for ebbs away,
maybe slowly, maybe very quickly.
It's Tuesday, April 22nd.
I'm Alex Osola for The Wall Street Journal.
This is the PM edition of...
What's News, the top headlines and business stories that move the world today.
U.S. shares rebounded today, with big tech stocks regaining some of the ground they lost yesterday.
Traders were cheered by optimism from the White House on tariff negotiations.
According to people familiar with the matter,
Treasury Secretary Scott Besant said at an investor summit that he expects the trade war with China to de-escalate and believes a deal can be reached.
The bounce back came despite fresh fallout from the Trump administration's tariffs.
Defense contractors were among the biggest losers in the S&P 500 today after several of the industry's biggest names reported results.
Aerospace and defense specialist RTX said it expects to take an $850 million hit to operating profit from tariffs this year,
without factoring in the higher reciprocal tariffs that the Trump administration has put on pause.
Northrop Grumman slashed its full-year profit outlook, while Lockheed Martin kept guidance steady.