RH, Wayfair up after Trump delays higher tariffs

Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Stock Chart IconStock chart icon RH and Wayfair, 1-day Trump on Wednesday issued a yearlong pause on increased levies on upholstered furniture, along with kitchen cabinets and vanities. Instead, the duties on upholstered furniture will remain at 25% — the level Trump set in September. Before Trump’s 11th-hour…

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Jim Cramer sees brewing risk to stock market that is not US-China tensions

Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….

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