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| Economy |
| US stock indices began to rise sharply after Trump's statement |
| 2025-04-10 |
| Direct Translation via Google Translate. Edited. [Regnum] The main indices on the New York Stock Exchange are showing a sharp rise after US President Donald Trump announced the suspension of tariffs for a number of countries. This is evidenced by trading data. Thus, the Dow Jones Industrial Average rose by 6.2% and amounted to 39,979.36 points, and the S&P 500 increased by 6.94% to 5,328.47 points. The Nasdaq Composite index increased by 9.68% and amounted to 16,745.67 points. This index includes quotes from over 3 thousand corporations from the US and beyond. Earlier, the head of the White House called on stock market players to buy up shares amid a drop in their prices due to duties. Following this, shares of the American leader's company Trump Media & Technology Group began to grow. On the evening of April 9, the US President announced the suspension of tariffs on more than 75 countries. The retaliatory tariffs will be suspended for 90 days, the measure comes into effect immediately. At the same time, Trump announced an increase in tariffs on goods from China to 125%. In turn, Beijing called on the United States to abandon threats, blackmail and unilateral economic intimidation. Countermeasures after the introduction of additional American tariffs will continue "until the end," said the official representative of the embassy in Washington, Liu Pengyu. |
| Posted by:badanov |
| #5 Watching the Eat The Rich! and Free Luigi! people get really upset at that market dip was a hoot. Almost as much entertainment the next day because they thought they had an own when their firmware was literally out of date 12 hours after downloading. The Trough Kin tried screaming Market Manipulation to get the furries all fired up, but I think one of their content creators of moderate talent pulled the plug on that can of worms. |
| Posted by: swksvolFF 2025-04-10 15:13 |
| #4 It's no surprise that companies like Hewlett-Packard that outsourced all of their manufacturing to China are jolted by the tariffs. I can't say that I have any sympathy for them although it is a bummer for people with 401ks who had to rely on fund managers to make investment decisions. Dump those HP stocks and invest in America. |
| Posted by: Abu Uluque 2025-04-10 12:33 |
| #3 regnum's reporting of finance is as wordy and confused as its reporting of the weather also, all sorts of financial news today, e.g., a favorable inflation report |
| Posted by: Lord Garth 2025-04-10 10:20 |
| #2 Some of the more Liberal MSM talking heads were quick to claim the cited #'s were suspect or rigged by various wealthy. I guess they must shoot down any Actual GOOD NEWS quickly. Because their mission is simple: "Orange Man is Bad". |
| Posted by: NN2N1 2025-04-10 06:01 |
| #1 During the "Weekend at Bernie's" presidency, the leftist media pretended not to know what was going on with the economy, and the right *still* believed America is the greatest nation on earth. Stocks remained strong, not because anyone believed in *that* joke of an administration, but because we still believed in our nation. Today, half of our nation (still) doesn't believe in anything, and that half caused the bumpiness we've endured. By June, the market will be roaring...and the left will be whining about mean tweets or something else similarly unimportant. |
| Posted by: Crusader 2025-04-10 00:44 |
