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US stocks climb but the US dollar sinks as Wall Street closes a chaotic and historic week

  • Wall Street stocks ended higher on April 11, with the S&P 500 rising 1.8%, the Dow Jones increasing by 1.6%, and the Nasdaq rising by 2.1% as reported by the New York Stock Exchange.
  • China announced a 125% tariff on US goods, contributing to ongoing trade tensions, according to the latest market updates.
  • A survey from the University of Michigan indicated a sharp drop in consumer confidence and an increase in inflation expectations on April 11.
  • Investors are focusing on quarterly earnings, with JPMorgan Chase rising 4% after reporting better than expected results.
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Sydney Morning HeraldSydney Morning Herald
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ASX lifts as miners and banks rally

The Australian sharemarket has started the week in positive territory, as technology giant Apple celebrates a victory overseas.

·Sydney, Australia
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  • 45% of the sources are Center
45% Center
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Associated Press News broke the news in United States on Friday, April 11, 2025.
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