Furniture Retailer Stocks Skyrocket Following Trump's Tariff Pause Announcement - Grayscale Ethereum Mini Trust (ETH) (ARCA:ETH), La-Z-Boy (NYSE:LZB)
Furniture retailer stocks experienced a significant surge on Friday. This comes in the wake of President Donald Trump‘s announcement of a one-year halt on increased tariffs on certain goods.What Happened: Shares of home furnishing retailers soared after President Trump announced a one-year pause on higher tariffs on upholstered furniture, kitchen cabinets, and vanities.Shares of luxury furniture retailer RH (NYSE:RH) surged by 9.5%, while online retailer Wayfair (NYSE:W) saw a 6.3% increase. Williams-Sonoma ...