U.S. stocks jump higher as global stocks rally amid Trump tariffs

Kaumi GazetteWORLD NEWS8 April, 20258.2K Views

President Donald Trump is seen on the television as traders work on the floor at the New York Stock Exchange in New York, on April 7, 2025.

President Donald Trump is seen on the tv as merchants work on the ground on the New York Stock Exchange in New York, on April 7, 2025.
| Photo Credit: AP

Wall Street stocks surged higher early Tuesday (April 8, 2025) as global markets rallied following deep losses in hopes of commerce agreements that might take away U.S. President Trump’s heavy tariffs.

All three main U.S. indices have been up greater than three % in early buying and selling as Mr. Trump described an upbeat name with the top of South Korea whereas U.S. Treasury Secretary Scott Bessent mentioned Japan had sought fast negotiations.


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About quarter-hour into buying and selling, the Dow Jones Industrial Average was up 3.1% at 39,126.05.

The broad-based S&P 500 climbed 3.2% to five,221.73, whereas the tech-rich Nasdaq Composite Index jumped 3.4% to 16,134.89.

Mr. Trump reported a “great call” with the South Korean chief on his Truth Social platform, including that “we are likewise dealing with many other countries, all of whom want to make a deal with the United States.”

Mr. Bessent instructed CNBC that Japan was on the forefront of talks thus far, whereas asserting that China had made a “big mistake” in saying retaliatory levies on US items.

Briefing.com analyst Patrick O’Hare described Tuesday’s bounce in equities as a “relief rally,” whereas noting that China is “the elephant in the tariff room right now.”

Mr. O’Hare additionally described the state of US tariff talks with the European Union as an “unknown.”

Among particular person firms, medical insurance firms UnitedHealth Group, Humana and CVS Health all surged seven % or extra after the Trump administration finalized a rule boosting funds to insurers underneath the federal government Medicare program.

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