Reported 9 days ago
U.S. stock markets experienced a historic rally on Wednesday after President Trump announced a temporary pause on most tariffs, leading the S&P 500 to rise by 9.5%. This announcement alleviated fears of an impending recession due to the ongoing trade war, with major indices like the Dow Jones and Nasdaq also posting significant gains. Despite the positive day, concerns remain about the uncertainty of the trade conflict, especially with rising tariffs on China, prompting analysts to remind investors of the risks of market timing.
Source: YAHOO