🇺🇸 StockMarkets end higher on hopes for Trump tariff concessions

US Markets on Wednesday
#DowJones +1.1%
#Nasdaq  +1.5%
S&P 500  +1.1%

😮‍💨 White House said it granted a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement
🚘 Reaction 🚀 Stellantiss +9%, Ford +5% & General Motors +7%
White House Press Secretary Karoline Leavitt also said Trump was open to providing additional exemptions on the taxes 🤞

US Economic Data – Mixed
👎Private payrolls +77,000 jobs last month vs forecast for 140,000.
👍 Institute for Supply Management’s non-manufacturing purchasing managers index climbed to 53.5 last month vs 52.8 in January

Other Asset Classes
🇺🇸 10-year Treasury yield at 4.31%
💲 Dollar Index at 104.3, lowest since November 8
⛽️ Brent Crude at 68.5$/barrel, lowest since December 2021. OPEC+ plans to increase production from April
💸 Bitcoin sinks to 90140$
🪙 Gold at $2,919/ounce
#DowJones #Nasdaq