New Delhi, April 10 -- Dining out is one thing people scale back or cut when they are worried about their finances.

A delay in the implementation of enormous tariff increases sent stocks soaring on Wednesday, but the economic outlook remains cloudy.

President Donald Trump's announcement of a 90-day pause on individualized tariffs on a number of major trading partners sent the S&P 500 up 9.5% on Wednesday afternoon, marking the biggest percentage gain since 2008, according to Dow Jones Market Data. Nevertheless, recession fears loom large as the new baseline tariff of 10% on almost all imports remains in place. The Trump administration continues to pile tariffs on China, antagonizing the U.S.'s third-largest trading partner.

That is unl...