Reported 9 days ago
U.S. stocks experienced a significant one-day rally on April 9, 2025, after President Trump's announcement of a 90-day pause on new tariffs for non-retaliating countries, igniting optimism in the market. The S&P 500 jumped 9.5%, the Nasdaq surged 12.1%, and the Dow rose nearly 8%. This rally marked the best day for the S&P 500 since 2008 and was driven primarily by gains in tech stocks. Despite increased tariffs on Chinese imports, investors reacted positively to the relief from the worst-case tariff scenarios.
Source: YAHOO