Markets News

Gold Soars Over $100, Nasdaq Records Largest Daily Gain in 24 Years!

· Just 13 hours after taking effect, Trump announced the suspension of reciprocal tariff policies for most economies, with a 90-day period for negotiations. This news is bullish for the US dollar and US stocks. · The White House stated that a 10% global tariff will still be imposed during negotiations, and previously announced tariffs on industries such as automobiles, steel, and aluminum are not included in the suspension. This news is negative for auto manufacturing stocks. · The U.S. wholesale sales monthly rate recorded 2.4% in February, the largest increase since March 2022. This news is bullish for the dollar.

TOPONE Markets Analyst

2025-04-10 09:16:24

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