publication
2025-04-09 22:05
The US President has once again changed his mind and, however, postponed the previously introduced “mutual duties”. After this message, euphoria reigned on New York stock exchanges, and Nasdaq had one of the better days in its history.
Unpredictable is not enough said. On Wednesday, the White House host made another accurate volt and as if he had never announced to the world that all this April confusion with the duties was only an element of tactical pressure on China. President Trump ordered a 90-day break in the use of increased duties on all countries except China. He applied prohibitive and absurd duties in the amount of 125%on the latter. Other countries are to be covered by a rate of 10%.
But earlier on the same day the Chinese government approved the raising of retaliation duties to goods imported from the USA with 34 percent. up to 84 percent It was a reaction to the US administration implementation of tariffs at 104 percent. for importing products from the PRC. The European Union also decided to retaliate – but only to moderately. The retaliation duties are a response to the US imposing additional tariffs on steel and aluminum in March, and not to the “mutual duties” on April.
This accurate relaxation was enough for investors to start buying discounted shares. The S & P500 index on Wednesday went up by 9.52% And at the closing of trade he reached a height of 5,456.90 points. The industrial average of Dow Jones gained 7.87% and checked at the ceiling of 40,608.45 points. Nasdaq increased by an impressive 12.16%
and finished the day at 17,24.97 points
In Polish conditions, such a session would rub on the allegation of market manipulation from President Trump. For several dozen minutes before the announcement of a revelation about suspension of duties for 90 days, Trump wrote that “it's a great time for shopping.” Well, he was right. But only he knew when this time would come and when it is worth taking long positions. To make it even funnier, on Monday a rumor with a 90-day customs morality was recognized … for false message. Well, on Wednesday she was the most real.
Let's be honest that this is not a serious politics. And the world's largest stock market in recent days resembled an Arab bazaar with its stability and honesty. In such conditions, investing has become an extreme sport. Nobody will guarantee that tomorrow or the day after tomorrow, President Trump will not change their minds and they will come into force. For now, however, the market has fallen into euphoria at the news of this accurate deester.
It is possible, however, that the milk has already spilled and the destabilization of the situation itself turned up the plans of both business and consumers. The president of Bank JP Morgan Chase Jamie Dimon said on Wednesday that in his opinion the US economy is probably heading towards recession, because the duties of President Donald Trump cause confusion on the financial markets. On the other hand Ray Dalio, billionaire and founder of Bridgewater Associateshe warned against a “unique” breakdown, which will occur in a monetary, political and geopolitical order in connection with the trade war. These comments came to the market before President Trump announced the suspension of duties for 90 days.
It was a day that ended almost the entire American stock market in green. There were only 9 values in the S&PC index under the line. Nearly 90% of papers recorded increases on all of Nyse. Two -digit increases performed by the largest American technology companies were actually a standard. Alphabet and Microsoft shares got up to about 10%, the finish line by almost 15%, Apple by over 15%, and Nvidia and Broadcom by over 18%. The Tesla rate recorded an increase of 22%.
Crazy changes also took place in other markets. The profitability of 10-year US government bonds first jumped from 4.3%to 4.5%, and later to fall to 4.35%. Gold ratings went up by 3.7%, gaining over one hundred dollars on the ounce! Brent oil ended the day with an increase by 6.5% after it cost less than 60 USD for a barrel for the first time in 4 years.
