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Wall Street surges to one of its best days since WWII after Trump pauses many of his tariffs

  • U.S. stocks experienced a significant surge, with the S&P 500 gaining 9.5%, as investors reacted positively to President Donald Trump's announcement on tariffs.
  • Treasury Secretary Scott Bessent confirmed Trump's plan to pause tariffs on most countries while increasing tariffs on Chinese goods to 125%.
  • After Trump's announcement, the Dow Jones Industrial Average rose by 2,962 points, marking a significant recovery for U.S. stock indices.
  • Despite the stock market rally, economists warned that the remaining tariffs could still lead to rising prices for consumers.
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Lean Right

The escalating tariff dispute between the US and China is putting a temporary end to the recovery of the European stock markets. Dax and EuroStoxx50 cannot keep their initial profits. Dietmar Deffner and Holger Zschäpitz talk about these and other topics of the weeks.

·Dortmund, Germany
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Times-StandardTimes-Standard
+7 Reposted by 7 other sources
Center

Wall Street poised to give back some of the historic gains following Trump’s latest tariff pause

By YURI KAGEYAMA and MATT OTT, Associated Press Business Writers Markets on Wall Street Thursday were poised to gave back some of the historic gains made a day earlier when President Donald Trump paused his latest tariff hikes on U.S. trading partners, with the exception of China. Futures for the S&P 500 were down 1.7% before the bell, while futures for the Dow Jones Industrial Average dropped 1.4%. Nasdaq futures gave back 2%. It’s been a wild …

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Lean Right

The euphoria was unleashed in the world's major markets in the early hours of the day. Donald Trump's unexpected announcement of a 90-day pause in the application of reciprocal tariffs and lowering them to 10% for those who had not retaliated against Washington brought relief to investors who suffered five days of abrupt falls and the evaporation of trillions of dollars in stock capitalization.In addition, Donald Trump's surprising decision to d…

·Chile
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Center

On Wednesday evening, US President Donald Trump announced a 90-day tariff break, with US stock markets firing up. Asian marketplaces with high profits follow that night. All stock market news in the ticker.

·Berlin, Germany
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HuffPost broke the news in United States on Wednesday, April 9, 2025.
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