Prada to acquire Versace, CarMax reports mixed Q4 results: Morning Buzz

The major averages were sharply lower near noon, curtailing some of yesterday’s sharp gains after President Donald Trump announced a 90-day pause on some of his “reciprocal” tariffs, despite announcing an increase on the cumulative tariff rate on Chinese imports. Despite the temporary relief from the tariff suspension, market sentiment remains cautious. Looking to commodities, gold prices are up significantly, approaching the $3,200 threshold. Oil prices, meanwhile, have sharply dropped after se

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Yahoo! Finance: CPRI News

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