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Stocks wanted one thing from Trump after last week's shocking "Liberation Day" announcement. On Wednesday, they got it.

Short interest on the Nasdaq rose 0.6% in late March, the exchange said on Wednesday. Investors who sell securities 'short' borrow shares and then sell them, expecting the stock to fall so they can buy the shares back at the lower price, return them to the lender and pocket the difference.

Electronics distributor Richardson Electronics (NASDAQ:RELL) missed Wall Street’s revenue expectations in Q1 CY2025 as sales rose 2.7% year on year to $53.8 million. Its non-GAAP profit of $0.11 per share was 37.5% above analysts’ consensus estimates.

Tesla shares soared in Wednesday afternoon trading, leading other Magnificent Seven members higher amid a broad relief rally as President Trump announced a 90-day pause on some of the tariffs announced last week.

Tax-loss harvesting is an often under-utilized strategy, despite significant possible benefits.

A selloff hit U.S. Treasury bonds overnight, sending bond yields soaring and triggering concern about assets that typically serve as a safe-haven investment during moments of instability for stocks. Bond yields came down from the day's highs by Wednesday afternoon, as President Donald Trump announced a 90-day pause in the higher tariffs for most countries he announced last week -- while maintaining a 10% baseline tariff across the board. The bond selloff carries direct implications for everyday people, since rising yields drive up interest rates for the loans on which many consumers rely, experts told ABC News.

Auto stocks pulled higher after President Trump backed off and announced a 90-day pause on tariffs for most countries, yet at the same time he increased levies on China, and kept auto tariffs in place.