Shares of automakers Ford, General Motors and Stellantis traded at or near session highs Wednesday afternoon, after the White House said it would give a one-month exemption to tariffs on automobiles coming from Canada and Mexico.

The Dow rallied on Wednesday after the White House confirmed automakers would be exempted from tariffs on Mexico and Canada for a month. White House press secretary Karoline Leavitt said General Motors,

Marvell Technology tops fourth-quarter earnings estimates but the stock tumbles as in-line guidance disappoints investors, MongoDB falls sharply on a weaker-than-expected fiscal-year outlook, and Broadcom slumps ahead of the release of quarterly earnings.

Shares of General Motors, Ford, and Stellantis climbed on Wednesday after a report suggested that the Trump admin may delay auto tariffs.

The Trump administration will give a one-month exemption from tariffs to automobiles coming from Canada and Mexico, the White House said today. Press Secretary Karoline Leavitt made the announcement after President Donald Trump spoke with executives from Ford,

U.S. automakers are getting a one-month exemption from the Trump administration’s tariffs that went into effect Monday.