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nasdaq

By ZodiacLog News Desk | April 10, 2025,

It’s been a rollercoaster week on Wall Street—especially for the tech-heavy Nasdaq Composite Index, which just posted one of its biggest single-day gains in recent memory.

After weeks of uncertainty around U.S. trade policy, President Donald Trump announced a 90-day pause on tariff hikes for over 75 countries. The catch? China didn’t make the list.

🚀 Market Reaction: Nasdaq Rallies Big

Investors didn’t hold back their excitement. On April 9, the Nasdaq jumped 12.2%, closing at a high of 17,124.97. That’s one of the sharpest spikes the index has seen in years.

Leading the charge were tech giants like:

  • Tesla

  • Nvidia

  • Apple

  • AMD

These companies saw their stock prices leap as markets welcomed the tariff relief with open arms. For investors, it was a much-needed breather after weeks of volatility.

🧾 The Backstory: Tariffs, Tensions, and a Presidential Punchline

So, what triggered all this?

At a press conference earlier this week, President Trump revealed that he was putting a temporary hold on increased import duties, saying other countries were “kissing my ass to make a deal.” However, he doubled down on punitive tariffs for China, hiking them to 125%, citing unfair trade practices.

This selective pause gave markets some clarity—and relief.

“This is a strategic move to protect American business interests while keeping negotiations on the table,” said one market analyst. “The tech sector clearly liked what it heard.”

📉 Just Days Earlier: A Market in Freefall

Ironically, just five days before this rally, things looked quite different.

On April 4, the Nasdaq tumbled nearly 6%, wiping out billions in market value. Investors were spooked by escalating trade tensions and concerns about inflation, rising interest rates, and global uncertainty.

The quick reversal shows just how sensitive markets are to political decisions, especially when trade and tech are involved.

🧐 What This Means for You

If you’re an investor—or even if you’re just trying to make sense of your mutual fund’s performance—here’s what to take away:

  • Short-term volatility is here to stay. The market reacts fast to geopolitical news, especially when major economies are involved.

  • Tech stocks are leading the charge—but they’re also the most affected by global trade policies.

  • Expect more swings as the 90-day tariff pause unfolds and negotiations with China continue.

🌍 The Bigger Picture

Trump’s trade decisions may be controversial, but there’s no doubt they move markets. And with the U.S. election season heating up, the financial world will be watching every policy shift closely.

As for China? The trade war is far from over. But for now, global markets have caught their breath—and the Nasdaq is flying high.

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