Stocks surge after Trump backs down from new tariffs
The stock market opened Tuesday with solid gains for the first time since President Trump announced plans to impose $600 billion in taxes on foreign goods. The Dow Jones Industrial Average rose more than 1,300 points after the Tuesday opening bell, rising 3.4 percent.
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The story so far
2 developments- Apr 8, 2025Stocks bounce back after Trump tariff plunge
- Apr 9, 2025Dow surges 2,000 after President Trump announces a pause on many of his tariffs except for China
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Quiet for 538 daysLast development · Apr 9, 2025 — Dow surges 2,000 after President Trump announces a pause on many of his tariffs except for China
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The bigger story
Left
1 viewpointStocks Surge as Trump Increases Tariffs On China Even Further, Pauses Them For Non-retaliating Countries
Center
5 viewpointsDow surges 2,000 after President Trump announces a pause on many of his tariffs except for China
Dow surges 2,600 as US stocks soar in relief after Trump pauses some of his tariffs
Right
3 viewpointsDow surges 2,000 after Trump announces pause on many of his tariffs except for China
Stock market surges as Trump pauses tariffs on all nations except for China
Stock market bounces back early on hopes of tariff trade deals, but recedes quickly