#MarketRebound
Global financial markets experienced a sharp rebound following President Donald Trump’s announcement of a 90-day pause on most newly imposed tariffs, capping general import tariffs at 10%. However, tariffs on Chinese imports were hiked to 125%, intensifying U.S.-China trade tensions.
Key Highlights:
S&P 500 jumped +9.5%, marking its largest one-day gain since 2008.
Dow Jones Industrial Average rose +7.9%, closing at 40,608.45.
Nasdaq Composite surged +12.2%, its second-largest gain on record.
Australian S&P/ASX 200 followed suit, rising +4.5% amid global optimism.
Despite the strong rally, analysts remain cautious, citing ongoing inflation risks, potential recession concerns, and geopolitical uncertainties as reasons for possible continued market volatility.