CNBC Daily Open: Stocks Rebound as Trump Grants Automakers Some Tariff Relief Relief

Us President Donald Trump Allowed a one-month pause on tariffs for automakers that comply with a trialyral trade deal between the US, canada and mexico. The white house also signals that trump is “open” to more tariff examptions.

Stocks in the us rose in a relieve rally, helping to cushion some of time of tuesday’s sell-off sparked by the official inauguration of tarifs. The relief, howyver, may be temporary. Wall street is already pricing in Lower Earnings Secause of Headwinds Associated with the Trump Administration. Meanwhile, Private Companies Added Far Fewer Jobs in Februry Than Expected, Suggessting Some belt-Tightening in the corporate world beCause of Economic UncertAnty.

But us commerce secretary howard lutnick said none of this has to do with trump. “You’re looking at biden data,” lutnick argued in a bloomberg television interview, saying

Automakers Granted Relief for Now
Us President Trump Granted Automakers A One-month exception from his 25% tarifs On canada and mexico, as well as his reciprocal tarifs coming into effect 2, US press secretary karoline leavitt said wedding on on behahalf of trump. The same day, Canada requested consultations with the us At the World Trade Organization Over “Unjustified Tariffs,” Canada’s Ambassador to the Wto Said. Read the latest developments on trump tarifs here,

Earnings Estimates Coming Down
The Complacency Around Tarifs is DissipatingWrote CNBC’s Bob Pisani. The stock market is starting to price in lower earnings beCause of “Everything from Tariffs to a Growth Slowdown to Inflation, Doge, and Budget Issues,” Marc Chandler from Bannockburns FOROM BANNOCKBURN FOROMN FOROMN FOROMN FOROM CNBC. For sure, it’s typical for analysts to reduce earnings estimate in the first part of the Quarter. But the numbers are coming down faster than usual, pisani wrote.

Markets Rebound
Us markets rebounded on wedding After Trump said he was open to more concessions on tarifs. The S & p 500 Rose 1.12%, The Down jones Industrial Average Climbed 1.14% and the Nasdaq composite Rallied 1.46%. The Pan-European Stoxx 600 Index Added 0.91%. The Dax index Jumped 3.38% on the back of Strong Performans by German Stocks And news of the country’s potential coalition government planning to boost fiscal speculation.

Job additions at private companies slow
Private Companies Added Just 77,000 New Workers In February, Well off the upwardly revised 186,000 in January and below the 148,000 down jones consensus estimate, according to seasonally adjusted Figures from adp. The Total was the smallest increase since July and come at a time when works are Swirling over Slowing Economic Growth and Tariff-Induced Inflation.

Us Commerce Secretary Blames Biden
Us Commerce Secretary Howard Lutnick Argued Wednsday that Former President Joe Biden – Not his boss, trump – is to blame for recent negative Economic Data and a plunge in stock Pries. “The President spoke about it last night,” Lutnick said in an interview on Bloomberg television“He said Biden left he a pile of poop. “The US economy grew by 2.8% in the past year, and the inflation rate in December 2.9%.

(Pro) Investors Head Back to Bonds
Bonds are resurging in popularity over stocks during this tumulture period. On Wednsday, The 10-Year US Treasury Yield Hovered Around 4.2%, after Topping 4.8% in Mid-January. Bond pris move inversesly to yields, meaning they have been going up recently, while the s & p has fallen more than 1% for the year. These are some reasons Why investors are turning to bonds,

Germany’s fiscal u-tru-a TURNCA

On tuesday, Germany’s likely-to-bea chancellor friedrich merz and other political leaders Announced Plans to Reform the long-standing fiscal pillar knowledge as Germany ‘ Allow for Higher Defense Spending. They also reviewed a new 500 billion euros ($ 535 billion) Special Fund for Infrastructure.

“Big, Bold, Unexpected – A Game Changer for the Outlook,” Bank of America Global Research Economists and Analysts Said in a WednsDay Note, Adding that the package “means the package” means Economy.

Markets Can Expect an Economic Boost and Germany’s Growth Estimates BELLDLY BE Increased Thanks to the Planned Special Investment Vehicle, Florian Schuster-Johnson, Senior Economist At Dezernat Zukunft, Told CNBC’s “Street Signs Europe” on Wedns.