

Historic Market Rally and Tariff Reversals Shake Global Equities: PALvatar Market Recap, April 10 2025
Apr 10, 2025
A stunning market rally takes center stage as President Trump announces a 90-day pause on tariffs, igniting massive gains in U.S. indices. The Nasdaq surges by 12.2%, while the S&P 500 jumps 9.5%. Meanwhile, mixed economic signals from Japan and Italy add to the market's volatility. With key U.S. CPI data on the horizon, traders brace for further shifts. Get ready for an exhilarating ride through the ever-changing landscape of global equities!
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Historic Market Rally
- US stocks rallied significantly after President Trump paused some tariffs, except for China.
- Major indices like the S&P 500 and Nasdaq saw historic gains.
Tariff Details
- While some tariffs were paused, others remained, including those on China, which increased to 125%.
- The EU reciprocated the US tariff pause.
Market Volatility and CPI
- Expect continued market volatility, particularly with upcoming inflation data releases.
- The CPI data will influence the Fed's interest rate decisions.