U.S. stocks saw a notable rise on Wednesday, April 9, 2025, driven by President Donald Trump's decision to suspend tariffs on most countries for 90 days, while increasing tariffs on Chinese imports to 125%. This decision boosted investor confidence and propelled major indices to achieve significant gains.
The S&P 500 index rose by 9.5% to close at 5,456.90 points, while the Dow Jones Industrial Average climbed by 7.9% to reach 40,608.45 points. The Nasdaq Composite jumped by 12.2% to close at 17,124.97 points. The Russell 2000 index for small companies also saw an increase of 8.7% to reach 1,913.16 points.
These increases came after a period of trade tensions between the United States and China, where reciprocal tariffs led to sharp fluctuations in financial markets. The suspension of tariffs by the U.S. administration is viewed as a step towards easing the trade dispute, contributing to increased optimism among investors and driving markets upward.
However, investors are advised to monitor future developments in trade and economic policies, as any new changes may impact the trends in financial markets.