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Dow jumps to recover a bit of its steep losses

  • On Tuesday, global financial markets saw some relief as stocks bounced back after losses.
  • President Trump's trade war, aimed at narrowing trade deficits, had escalated recently, causing market uncertainty.
  • The Dow Jones Industrial Average rose 3.6%, or 1,388 points, by 10:30 a.m. Eastern time, and health insurers led on Wall Street.
  • Trump stated, "It seems like we were very oversold and there's hope that things may de-escalate from here."
  • Analysts suggest caution as markets are expected to experience more swings, and economists foresee a potential recession if tariffs persist.
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  • 65% of the sources are Center
65% Center
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The Belgrade News broke the news in on Monday, April 7, 2025.
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