World News | S&P 500 Soars 9.5% to One of Its Biggest Gains Since WWII After Trump Pauses Most Tariffs
Get latest articles and stories on World at LatestLY. Stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would.
New York, Apr 10 (AP) Stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would.
The S&P 500 soared 9.5% Wednesday. The index is still below where it was when Trump announced his sweeping set of tariffs last week. The Dow Jones Industrial Average flew nearly 3,000 points higher, and the Nasdaq composite jumped 12.2%.
Trump, though, did raise tariffs further on China. Treasury yields gave back some of their big market-rattling gains following Trump's pause on most tariffs. (AP)
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)