US stocks have surged on Wall Street after Donald Trump announced a 90-day pause on tariffs for non- retaliating countries effective immediately.
Now that prompted the S&P 500 index of the stock markets in the US to jump at one point by as much as 8% with the NASDAQ index up by as much as 9%.
Trump also announced that he's raising tariffs on China to 125% effective immediately . He said this based on the lack of respect that China has shown to the world markets.
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TheSmartInvestor
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Stockfocus
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Re: US stock soar after Trump announced a 90 day pause
Yes, the US stocks surged after the announcement of a 90 day pause on tariffs by Donald Trump. We witnessed a jump in the S&P 500 index and NASDAQ index. That showcased the power of government policies in investment.