Get all your news in one place.
100's of premium titles.
One app.
Start reading
Latin Times
Latin Times
National
Demian Bio

Markets Spike Over Quote About Trump Considering a Pause On Tariffs, Dip Again After Proven False

Donald Trump United States Bill Ackman National Economic Council Joe Weisenthal Kevin Hassett
Image of the New York Stock Exchange (Credit: Charly Triballeau/Getty Images)

Markets are whipsawing on Monday after a false quote briefly filled markets with hope that President Donald Trump would announce a pause to tariffs only to be proven false.

U.S. indexes surged after the quote, attributed to National Economic Council Director Kevin Hassett, began circulating online, even making its way to CNBC, according to Bloomberg reporter Joe Weisenthal.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Quentin Tarantino awkwardly confronts Ellen DeGeneres over chat show snub
Some viewers said the moment recalled a notorious encounter between the former chat show host and actor Dakota Johnson in 2019
The Independent UK
The Independent UK
Youngest Astronaut To Walk the Moon Claims UFOs Are 'Demonic' Deceptions Following Sign From God
Apollo 16 astronaut Charlie Duke says UFOs are 'demonic' after a breakfast talk he took as a sign from God, highlighting the divide between faith and evidence.
International Business Times UK
International Business Times UK
Self-Described UFO Expert Claims NASA Image Shows a Massive Alien Ship Moving at 'Tremendous Speed'
Self-described UFO expert Scott C Waring says a rectangular shape in a solar image is a huge alien spacecraft, but its size, speed and nature remain unverified.
International Business Times UK
International Business Times UK
Florida woman can barely open her eyes after anesthesia. Then a nurse reaches over and straightens her head: ‘Hold your head up’
Nurses moved a groggy patient to a chair
We Got This Covered
We Got This Covered
UT Austin student heads for a ‘free matcha’ sign near campus. Then she sees whose building it is and covers her mouth
She nearly went in.
We Got This Covered
We Got This Covered
A$AP Rocky Makes Cheeky Rihanna Confession After Son Riot Joins Him on Stage
A$AP Rocky said his three-year-old son Riot 'stole' a moment during the rapper's Copenhagen tour performance, after Rihanna brought the toddler on stage at the Royal Arena.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play