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US stock soar after Trump announced a 90 day pause

Posted: Thu Apr 10, 2025 5:31 am
by TheSmartInvestor
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.