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

  • The S&P 500 surged 6% over the week, marking its biggest weekly gain since November 2023, closing at 5,363.36, according to market data.
  • Stocks fluctuated due to uncertainty over tariffs, with a proposed 90-day pause being called 'fake news' by an official.
  • The White House confirmed a 145% tariff on Chinese goods, leading to retaliatory measures from China, which raised their levies to 125%.
  • Market experts noted ongoing uncertainty may affect business investments and consumer spending over the next 90 days.
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Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
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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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Bias Distribution

  • 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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