President Trump's Tariff Pause: Why Airline Stocks Delta, JetBlue, and United Took Flight Today

What a roller coaster of a ride it has been since last Wednesday. After an incredibly rough stretch over the last four days of trading, this afternoon, President Donald Trump announced a 90-day pause on higher tariff rates for most countries, implementing a base 10% reciprocal level. However, Trump left tariffs in place on China and boosted them to 124%.The announcement led to a face-melting rally, with the Dow Jones Industrial Average blasting nearly 3,000 points higher. The S&P 500 rose nearly 10%, while ...