Stocks Go Orbital On Trump's Tariff Timeout
Source: SeekingAlpha
2025-04-09 22:20:00 ET
Summary
- Wall Street jettisoned gravity today as President Trump called a 90-day armistice in his on-again, off-again trade war.
- A record 30 billion shares took flight in the best showing since 2008 and the Nasdaq’s second-best performance on record.
- The day began in a blue funk, courtesy of Beijing’s decision to lift tariffs on US goods to 84% from 34%.
- The big overhang was the bond market, where analysts whispered about a “disorderly forced liquidation”.
Wall Street jettisoned gravity today as President Trump called a 90-day armistice in his on-again, off-again trade war. A record 30 billion shares took flight in the best showing since 2008 and the Nasdaq’s second-best performance on record....
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Stocks Go Orbital On Trump's Tariff Timeout
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