Today's Tariff Cuts Are the 'Best Case Scenario' for Wall Street -- WSJ

Dow Jones05-12

By Hannah Erin Lang

Investors are cheering Monday's steep tariff cuts.

Dan Ives of Wedbush Securities called the rollback on U.S.-China tariffs a "best case scenario" for investors.

"We believe new highs for the market and tech stocks are now on the table in 2025," he said, adding "this morning is a huge win for the bulls."

Analysts at Goldman Sachs said the latest agreement "implies a brighter outlook for global growth and risk sentiment, and particularly for the U.S. and China."

"Based on our client conversations, these new rates are far below what most investors had expected," they added.

The new plans mark a "major step towards deescalation" of trade tensions between the world two largest economies, said Matthew Aks and Karlin Gatton of Evercore ISI.

The rollback is "the ultimate signal that Trump's tariff threats will converge to elevated but manageable levels and that any outstanding trade policy uncertainty can be looked through," they wrote.

As of the market open, all major U.S. stock indexes had recovered their post-Liberation Day losses-but market watchers noted that some effects of the turmoil might linger.

"It's almost as if [Liberation Day] never happened," wrote David Morrison, senior market analyst at Trade Nation. "And investors appear to have forgotten that significant trade damage has already been inflicted."

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 12, 2025 09:51 ET (13:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2534276155?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-12 21:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2534276155","market":"hk","top_or_hot":-1,"title":"Today's Tariff Cuts Are the 'Best Case Scenario' for Wall Street -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Hannah Erin Lang \n</p>\n<p>\n     Investors are cheering Monday's steep tariff cuts. \n</p>\n<p>\n     Dan Ives of Wedbush Securities called the rollback on U.S.-China tariffs a \"best case scenario\" for investors. \n</p>\n<p>\n     \"We believe new highs for the market and tech stocks are now on the table in 2025,\" he said, adding \"this morning is a huge win for the bulls.\" \n</p>\n<p>\n     Analysts at Goldman Sachs said the latest agreement \"implies a brighter outlook for global growth and risk sentiment, and particularly for the U.S. and China.\" \n</p>\n<p>\n     \"Based on our client conversations, these new rates are far below what most investors had expected,\" they added. \n</p>\n<p>\n     The new plans mark a \"major step towards deescalation\" of trade tensions between the world two largest economies, said Matthew Aks and Karlin Gatton of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. \n</p>\n<p>\n     The rollback is \"the ultimate signal that Trump's tariff threats will converge to elevated but manageable levels and that any outstanding trade policy uncertainty can be looked through,\" they wrote. \n</p>\n<p>\n     As of the market open, all major U.S. stock indexes had recovered their post-Liberation Day losses-but market watchers noted that some effects of the turmoil might linger. \n</p>\n<p>\n     \"It's almost as if [Liberation Day] never happened,\" wrote David Morrison, senior market analyst at Trade Nation. \"And investors appear to have forgotten that significant trade damage has already been inflicted.\" \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 09:51 ET (13:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Today's Tariff Cuts Are the 'Best Case Scenario' for Wall Street -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToday's Tariff Cuts Are the 'Best Case Scenario' for Wall Street -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-12 21:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Hannah Erin Lang \n</p>\n<p>\n     Investors are cheering Monday's steep tariff cuts. \n</p>\n<p>\n     Dan Ives of Wedbush Securities called the rollback on U.S.-China tariffs a \"best case scenario\" for investors. \n</p>\n<p>\n     \"We believe new highs for the market and tech stocks are now on the table in 2025,\" he said, adding \"this morning is a huge win for the bulls.\" \n</p>\n<p>\n     Analysts at Goldman Sachs said the latest agreement \"implies a brighter outlook for global growth and risk sentiment, and particularly for the U.S. and China.\" \n</p>\n<p>\n     \"Based on our client conversations, these new rates are far below what most investors had expected,\" they added. \n</p>\n<p>\n     The new plans mark a \"major step towards deescalation\" of trade tensions between the world two largest economies, said Matthew Aks and Karlin Gatton of <a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI. \n</p>\n<p>\n     The rollback is \"the ultimate signal that Trump's tariff threats will converge to elevated but manageable levels and that any outstanding trade policy uncertainty can be looked through,\" they wrote. \n</p>\n<p>\n     As of the market open, all major U.S. stock indexes had recovered their post-Liberation Day losses-but market watchers noted that some effects of the turmoil might linger. \n</p>\n<p>\n     \"It's almost as if [Liberation Day] never happened,\" wrote David Morrison, senior market analyst at Trade Nation. \"And investors appear to have forgotten that significant trade damage has already been inflicted.\" \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 09:51 ET (13:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2534276155","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534276155","pubTimestamp":1747057860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Dan Ives of Wedbush Securities called the rollback on U.S.-China tariffs a \"best case scenario\" for investors.\"We believe new highs for the market and tech stocks are now on the table in 2025,\" he said, adding \"this morning is a huge win for the bulls.\". Analysts at Goldman Sachs said the latest agreement \"implies a brighter outlook for global growth and risk sentiment, and particularly for the U.S. and China.\". \"Based on our client conversations, these new rates are far below what most investors had expected,\" they added.The new plans mark a \"major step towards deescalation\" of trade tensions between the world two largest economies, said Matthew Aks and Karlin Gatton of Evercore ISI.The rollback is \"the ultimate signal that Trump's tariff threats will converge to elevated but manageable levels and that any outstanding trade policy uncertainty can be looked through,\" they wrote.As of the market open, all major U.S. stock indexes had recovered their post-Liberation Day losses-but market","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"今天的关税削减是华尔街的“最佳情况”——《华尔街日报》","themeId":"7608a57d5296daa358f2b2ef58cc4f9c","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"By Hannah Erin Lang \n\n\n     Investors are cheering Monday's steep tariff cuts. \n\n\n     Dan Ives of Wedbush Securities called the rollback on U.S.-China tariffs a \"best case scenario\" for investors. \n\n\n     \"We believe new highs for the market and tech stocks are now on the table in 2025,\" he said, adding \"this morning is a huge win for the bulls.\" \n\n\n     Analysts at Goldman Sachs said the latest agreement \"implies a brighter outlook for global growth and risk sentiment, and particularly for the U.S. and China.\" \n\n\n     \"Based on our client conversations, these new rates are far below what most investors had expected,\" they added. \n\n\n     The new plans mark a \"major step towards deescalation\" of trade tensions between the world two largest economies, said Matthew Aks and Karlin Gatton of Evercore ISI. \n\n\n     The rollback is \"the ultimate signal that Trump's tariff threats will converge to elevated but manageable levels and that any outstanding trade policy uncertainty can be looked through,\" they wrote. \n\n\n     As of the market open, all major U.S. stock indexes had recovered their post-Liberation Day losses-but market watchers noted that some effects of the turmoil might linger. \n\n\n     \"It's almost as if [Liberation Day] never happened,\" wrote David Morrison, senior market analyst at Trade Nation. \"And investors appear to have forgotten that significant trade damage has already been inflicted.\" \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 09:51 ET (13:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2534276155","isCrawlerRequest":true}