Why Shares of Apple Are Skyrocketing After One of Its Worst 4-Day Stretches in 25 Years
Shares of the consumer tech giant Apple (AAPL 10.68%) had blasted over 11% higher, as of 1:55 p.m. ET today, after President Donald Trump announced a 90-day pause on higher tariff rates for most countries and a universal 10% tariff base during the pause, citing progress on negotiations, according to CNBC. The rebound follows one of Apple's worst four-day stretches of trading since 2000.It's all about tariffsPresident Trump's surprising tariff announcements last week sent Apple shares into freefall. Shares s ...