Stocks Jump as Trump Pauses Tariffs, Nasdaq Soars 12%

Stocks Jump as Trump Pauses Tariffs, Nasdaq Soars 12%

Post by : Omar Nasser

Photo : AFP

Stock markets around the world went up fast after U.S. President Donald Trump said he would stop new taxes on goods from other countries for 90 days. This break includes every country except China. The news made investors happy after many days of worry. Earlier, people were scared that high taxes would hurt the economy and cause a slowdown. Prices of bonds were falling, and the U.S. dollar was getting weaker.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel  

After Trump’s announcement, U.S. markets rose quickly. On Wednesday, the Dow Jones went up by nearly 8 percent. The S&P 500 rose by 9.5 percent, and the Nasdaq jumped more than 12 percent. This was the best day for the Nasdaq in 24 years. Some people still feel unsure about what will happen after 90 days. The U.S. will still keep heavy taxes on goods from China, up to 125 percent.

Stock markets in other countries also saw big gains. In Japan, South Korea, Australia, Hong Kong, and China, markets opened higher on Thursday morning. Taiwan’s market went up by more than 9 percent. Big companies like TSMC and Foxconn also saw a big rise. In Vietnam, stocks rose over 6 percent after the U.S. said it would wait before adding new taxes. In Indonesia, the market opened almost 5 percent higher.

The Japanese yen became stronger against the U.S. dollar, and gold also went up in price. Some experts said the news was a big surprise and a very good one. They said it came at the right time, as companies are starting to share their earnings. But even with this good news, many still worry about what will happen after the 90 days. There is still a lot of confusion about the long-term plan for these taxes.

Markets had been falling since the start of April, when Trump first talked about adding new import taxes. Some experts believe the world economy is now in a strange and risky situation. But for now, this pause has made many people feel more calm, and stocks are rising again.

April 10, 2025 11:13 a.m. 726

#trending #latest #StockMarket #USStocks #MarketNews #TrumpTariffs #TariffPause #GlobalMarkets #NasdaqHigh #DowJones #SP500 #MarketRecovery #AsiaStocks #TradeNews #SimpleNews #InvestorUpdate #FinanceNews #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai

Inside the Majlis The Heart of UAE Culture Where Coffee Meets Wisdom
June 13, 2025 6:13 p.m.
Discover the Majlis, where UAE culture and tradition unite
Read More
18th Homelife and AES Expo Ends on a High Note at Dubai World  Trade Centre
June 13, 2025 5:58 p.m.
The 18th Homelife & AES Expo 2025 in Dubai wrapped up successfully, uniting global brands in home, electronics & lifestyle
Read More
Lava Unveils Budget 5G Storm Play & Storm Lite Under ₹10,000
June 13, 2025 4:19 p.m.
Lava has launched its Storm Play and Storm Lite 5G smartphones starting at ₹7,999 and ₹9,999. Both pack 6.75″ 120 Hz screens, Dimensity chipsets, 50 MP cameras,
Read More
Siddhant Chaturvedi and Chae Soo-bin Star in Ad That Feels Like a K‑Drama‑Bollywood Dream
June 13, 2025 4:29 p.m.
Siddhant Chaturvedi and Korean star Chae Soo-bin have teamed up for a new commercial that has social media buzzing. With charming visuals and heartfelt vibes, f
Read More
H&H Launches Eden House Za’abeel in DIFC, Redefining Luxury Living
June 13, 2025 4:40 p.m.
H&H has introduced Eden House Za’abeel in Dubai’s DIFC, offering 1‑3 bedroom apartments and premium penthouses. Designed by DXB Lab and Tristan Auer, the develo
Read More
The Biggest Shocking Truth About Olympic Gold Medals You Never Knew
June 13, 2025 5:01 p.m.
Olympic gold medals are mostly silver, not solid gold
Read More
UAE Worship Places Hold Silent Prayers for Ahmedabad Air India Crash Victims
June 13, 2025 3:38 p.m.
Mosques, temples, and churches throughout the UAE joined in prayer and silent tribute for the victims and survivors of the Ahmedabad Air India crash. Indian exp
Read More
Preparation for the 18th Edition of the Homelife and AES Expo Begins at Dubai World Trade Centre
June 11, 2025 4:08 p.m.
Discover the latest in home, appliances & electronics at the 18th Homelife & AES Expo in Dubai, June 11–13, 2025. Connect, innovate, and grow your business
Read More
Samsung Confirms Galaxy Z Fold 7 as Thinnest, Lightest Foldable Yet
June 13, 2025 3:29 p.m.
Samsung has officially teased the Galaxy Z Fold 7, confirming it's set to be their thinnest and lightest foldable phone yet. Expected in July with Snapdragon 8
Read More
Sponsored
https://markaziasolutions.com/
Trending News