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Wall Street surges to one of its best days since WWII after Trump pauses many of his tariffs

  • U.S. Stocks experienced a significant surge, with the S&P 500 gaining 9.5%, as investors reacted positively to President Donald Trump's announcement on tariffs.
  • Treasury Secretary Scott Bessent confirmed Trump's plan to pause tariffs on most countries while increasing tariffs on Chinese goods to 125%.
  • After Trump's announcement, the Dow Jones Industrial Average rose by 2,962 points, marking a significant recovery for U.S. Stock indices.
  • Despite the stock market rally, economists warned that the remaining tariffs could still lead to rising prices for consumers.
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HuffPost broke the news in United States on Wednesday, April 9, 2025.
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