Traders Trim Bets on Fed Cuts After Trump Pauses Most Tariffs
April 9, 2025
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10:23Now PlayingTraders Trim Bets on Fed Cuts After Trump Pauses Most Tariffs
YouTube Description
as posted by the channelStocks surged after President Donald Trump said he'd pause some tariffs on dozens of countries for 90 days, signaling a tentative reprieve in trade hostilities.
The S&P 500 surged as much as 8.3% with almost every company gaining, following four sessions of volatile, high-volume trading that pushed the index to the brink of a 20% bear-market plunge.
Trump's announcement came after days of mounting market stress and a chorus of pleas from his billionaire allies that he pause the implementation of his global tariff program. Gina Martin Adams reports.
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