Reported 9 days ago
The S&P 500 surged 9.5% on Wednesday, marking its biggest one-day gain since October 2008, after President Trump announced a 90-day pause on most tariffs. This rally comes after a significant drop in the stock market due to unexpected tariff increases. The Nasdaq Composite soared 12.2%, while the Dow Jones rose 7.8%. Market analysts suggest that this rebound could relieve some pressure for upcoming earnings reports, though uncertainty remains about the future of tariffs.
Source: YAHOO