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Stock impact report

European Auto Stocks Rally After Tariff Reprieve, Then Resume Fall [Forbes]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Forbes
European Auto Stocks Rally After Tariff Reprieve, Then Resume Fall U.S. President Donald Trump speaks during the 38th annual National Peace Officers Memorial Day service at the U.S. Capitol in Washington, D.C., U.S., on Wednesday, May 15, 2019. Trump is poised to delay a decision by up to six months to impose auto tariffs to avoid blowing up negotiations with the EU and Japan as he ramps up his trade war with China, according to people close to the discussions. Photographer: Kevin Dietsch/Pool via Bloomberg © 2019 Bloomberg Finance LP European auto stock prices rallied briefly, then resumed their recent slide, after reports President Trump had delayed a decision on possible auto and auto parts tariffs for up to 6 months. The European STOXX 600 automobile and parts index jumped 2.5% before resuming the downtrend, in place since the high of 550 set April 18 and undermined by poor first quarter results from the big auto manufacturers and waning long-term prospects for the global industry Show less Read more
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