{"id":49212,"date":"2025-04-10T06:02:05","date_gmt":"2025-04-10T11:02:05","guid":{"rendered":"https:\/\/thestockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/"},"modified":"2025-04-10T06:02:05","modified_gmt":"2025-04-10T11:02:05","slug":"stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/","title":{"rendered":"Stock Market Soars After Trump&#8217;s Tariff Pause: Market Update for April 10, 2025"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Market_Indexes_Surge_in_Massive_Relief_Rally\" >Market Indexes Surge in Massive Relief Rally<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Trumps_Tariff_Policy_Reversal\" >Trump&#8217;s Tariff Policy Reversal<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Tech_Stocks_Lead_the_Recovery\" >Tech Stocks Lead the Recovery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Upcoming_Market_Events_to_Watch\" >Upcoming Market Events to Watch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Market_Volatility_and_Investor_Sentiment\" >Market Volatility and Investor Sentiment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Global_Market_Response\" >Global Market Response<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stock-market-soars-after-trumps-tariff-pause-market-update-for-april-10-2025\/49212\/#Outlook_and_Analyst_Perspectives\" >Outlook and Analyst Perspectives<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Market_Indexes_Surge_in_Massive_Relief_Rally\"><\/span>Market Indexes Surge in Massive Relief Rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The U.S. stock market experienced a dramatic turnaround today as investors reacted to President Donald Trump&#8217;s unexpected decision to pause most of his recently implemented &#8220;reciprocal&#8221; tariffs for 90 days. This announcement, which came late Wednesday, triggered one of the most significant relief rallies in recent market history.<\/p>\n<p>As of the latest trading session on Thursday, April 10, 2025, major indexes are showing remarkable performance:<\/p>\n<p>&#8211; The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&#038;P 500<\/a><\/b> is trading at 5,456.90, having surged 9.52% on Wednesday in its best day since October 2008. The index has now recovered 12.86% from its recent low but remains 3.7% below its April 2 close.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>&#8211; The <b><a href=\"https:\/\/stockmarketwatch.com\/indices\/dowjones\/today\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Dow Jones Today\">Dow Jones<\/a> Industrial Average<\/b> jumped 2,962.86 points (7.87%) to 40,608.45 on Wednesday, marking its best day in five years.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>&#8211; The <b>Nasdaq Composite<\/b> soared 12.2% to 17,124.97 yesterday, posting its best day since January 2001 and its second-best day in history.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>&#8211; The <b>Russell 2000<\/b> index of smaller companies rose 8.7% to 1,913.16.<cscitation citation_id=\"task_1__2\"><\/cscitation><\/p>\n<p>However, futures markets are indicating a potential pullback in today&#8217;s session as investors digest the implications of Trump&#8217;s policy shift, with S&#038;P futures down approximately 1.7% and Nasdaq futures down about 2% in <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a>.<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Trumps_Tariff_Policy_Reversal\"><\/span>Trump&#8217;s Tariff Policy Reversal<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The market&#8217;s dramatic rally comes in response to President Trump&#8217;s unexpected announcement that he would pause most of his new reciprocal tariffs for 90 days, with the notable exception of China. This decision represents a significant reversal from his previous stance, which had sent markets into a tailspin over the past week.<\/p>\n<p>Key points of Trump&#8217;s tariff announcement include:<\/p>\n<p>&#8211; A 90-day pause on most reciprocal tariffs that went into effect on April 9<br \/>&#8211; The 10% baseline tariff on all global imports remains in place<br \/>&#8211; Tariffs on Chinese imports have been increased from 104% to 125%<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>Market analysts suggest this reversal indicates that market pressure may have influenced the president&#8217;s decision. &#8220;You&#8217;ve had a relief rally after the realisation that market pressure is something that resonates with the U.S. president,&#8221; noted George Lagarias, chief economist at Forvis Mazars.<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Stocks_Lead_the_Recovery\"><\/span>Tech Stocks Lead the Recovery<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The &#8220;Magnificent Seven&#8221; tech stocks, which had collectively lost over $2 trillion in market value since Trump&#8217;s initial tariff announcement on April 2, led yesterday&#8217;s market surge:<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<p>&#8211; <b>Nvidia (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=NVDA\">NVDA<\/a>)<\/b> jumped 18.72% to $114.33<br \/>&#8211; <b>Tesla (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=TSLA\">TSLA<\/a>)<\/b> soared 22.69% to $272.20<br \/>&#8211; <b>Apple (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=AAPL\">AAPL<\/a>)<\/b> gained 15.33% to $198.85<br \/>&#8211; <b>Microsoft (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=MSFT\">MSFT<\/a>)<\/b> recovered significantly after falling nearly 1% in previous sessions<br \/>&#8211; <b>Alphabet (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=GOOGL\">GOOGL<\/a>)<\/b> rose 7.9% and reiterated plans to spend about $75 billion this year on data center capacity<cscitation citation_id=\"task_3__1\"><\/cscitation><\/p>\n<p>These tech giants had been particularly vulnerable to tariff concerns due to their global supply chains and international revenue exposure. For example, 90% of Apple&#8217;s iPhones are made in China, many Tesla components are sourced internationally, and Nvidia products are imported from Mexico and Taiwan.<cscitation citation_id=\"task_3__2\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Upcoming_Market_Events_to_Watch\"><\/span>Upcoming Market Events to Watch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Several key economic events and earnings releases could significantly impact market direction in the coming days:<\/p>\n<p>1. <b>Consumer Price Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=CPI\">CPI<\/a>) Data<\/b> &#8211; The Labor Department will release March CPI data today at 8:30 a.m. ET. Economists expect inflation to slow to 2.6%, down from 2.8% in February. However, if the reading exceeds expectations, it could trigger market volatility due to stagflation concerns.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>2. <b>Major Bank Earnings<\/b> &#8211; JPMorgan Chase, Morgan Stanley, and Wells Fargo are scheduled to report quarterly financial results before market open on Friday, April 11. Their commentary on consumer financial health will be closely watched for signs of economic deterioration.<cscitation citation_id=\"task_4__3\"><\/cscitation><\/p>\n<p>3. <b>BlackRock Earnings<\/b> &#8211; The world&#8217;s largest asset manager will also report on April 11. CEO Larry Fink recently commented, &#8220;Most CEOs I talk to would say we are probably in a recession right now,&#8221; making his latest assessment particularly significant.<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>4. <b>Corporate Earnings Season<\/b> &#8211; Today marks a busy day for earnings releases, with 354 companies scheduled to report results, according to Yahoo Finance&#8217;s earnings calendar.<cscitation citation_id=\"task_2__3\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Volatility_and_Investor_Sentiment\"><\/span>Market Volatility and Investor Sentiment<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Despite yesterday&#8217;s rally, market volatility remains elevated. The CBOE Volatility Index (<a href=\"https:\/\/thestockmarketwatch.com\/stock\/?stock=VIX\">VIX<\/a>), often called Wall Street&#8217;s &#8220;fear gauge,&#8221; briefly surpassed 50 earlier this week\u2014a level it has only closed above twice before: during the early stages of the COVID-19 pandemic and the 2008-2009 financial crisis. After Trump&#8217;s announcement, the VIX sank 30%.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<p>CNN&#8217;s Fear and Greed Index has pointed solidly to &#8220;Extreme Fear&#8221; in recent days, nearing the lowest point on its scale, indicating persistent investor anxiety despite the relief rally.<cscitation citation_id=\"task_1__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Global_Market_Response\"><\/span>Global Market Response<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The positive sentiment has extended to global markets:<\/p>\n<p>&#8211; European shares are up significantly, with the pan-continental STOXX 600 rising 5.3%, on track for its biggest one-day gain since March 2020<br \/>&#8211; Japan&#8217;s Nikkei advanced more than 8%<br \/>&#8211; A broader gauge of Asia-Pacific stocks excluding Japan rose 4.4%<br \/>&#8211; China&#8217;s CSI300 blue-chip index rose 1.3%, while Hong Kong&#8217;s Hang Seng Index advanced 2%<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Outlook_and_Analyst_Perspectives\"><\/span>Outlook and Analyst Perspectives<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While markets have responded positively to Trump&#8217;s tariff pause, analysts remain cautious about the longer-term implications:<\/p>\n<p>&#8211; JPMorgan CEO Jamie Dimon warned in a recent shareholder letter that tariffs &#8220;will likely increase inflation and are causing many to consider a greater probability of recession.&#8221;<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>&#8211; BlackRock CEO Larry Fink criticized the reciprocal tariffs as &#8220;very inflationary and destabilizing the economy.&#8221;<cscitation citation_id=\"task_4__2\"><\/cscitation><\/p>\n<p>&#8211; Martin Whetton, head of financial markets strategy at Westpac, noted that investors are questioning &#8220;the long-term credibility of the administration having flip-flopped on the largest of their policies, tariffs.&#8221;<cscitation citation_id=\"task_4__1\"><\/cscitation><\/p>\n<p>As markets digest the implications of Trump&#8217;s policy shift and await critical economic data, investors should remain vigilant for potential volatility in the days ahead. The 90-day tariff pause provides temporary relief, but uncertainty about future trade policies continues to cast a shadow over market sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market Indexes Surge in Massive Relief Rally The U.S. stock market experienced a dramatic turnaround today as investors reacted to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[94],"tags":[4,33,225,633,3712,3730,3768],"class_list":["post-49212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-update","tag-tsla","tag-msft","tag-aapl","tag-nvda","tag-cpi","tag-vix","tag-googl"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=49212"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/49212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=49212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=49212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=49212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}