BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

Stock Market Sees Biggest One Day Gain in 5 Years Amid Trump Global Tariff Pause: Is Now the Time to Buy?

Michael Juanico by Michael Juanico
April 9, 2025
in FINANCE, OPINION, POLITICS
Reading Time: 4 mins read
2
SHARES
28
VIEWS
Share on XShare in TelegramShare on Reddit
  • Stocks soared after Trump announced a 90-day pause on most tariffs, with the S&P 500 jumping 8.5%.
  • China was hit harder, as Trump raised tariffs on its goods to 125% despite easing pressure on other nations.
  • Investors rallied on hopes of negotiations, but analysts warned the trade war is far from over.

Wall Street finally caught its breath Wednesday after President Trump hit the brakes—at least a little—on his sweeping reciprocal tariff plan. And the markets? They absolutely took off.

The S&P 500 shot up a wild 8.5%, marking what could end up its biggest one-day pop in five years. Over on the Dow, it surged 2,711 points (that’s 7.2%, by the way), while the Nasdaq absolutely ripped higher by nearly 11%.

JUST IN: Over $3.5 trillion flowed into the stock market within 10 minutes of President Trump announcing the 90-day tariff pause 🤯

• Apple $AAPL: +10.4%

• Amazon $AMZN: +7.5%

• Microsoft $MSFT: +7.3%

• Nvidia $NVDA: +11.3%

• Meta $META: +7.5%

• Tesla $TSLA: +12.1% pic.twitter.com/BkSYlVDI3n

— BlockNews (@blocknewsdotcom) April 9, 2025

So, what happened? Trump posted on Truth Social—yeah, that’s still the main news source now—saying, “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”

But not so fast—China still got the hammer. Trump added the tariff on Chinese goods was getting hiked again, this time all the way up to 125%. Yikes.

Relief Rally or Just a Breather?

Treasury Secretary Scott Bessent cleared things up later, confirming that all countries except China would be dialed back to that 10% rate while negotiations were ongoing. However, this pause doesn’t touch sector-specific tariffs—that stuff’s still rolling forward.

Stocks that’ve been absolutely battered by trade war fears were suddenly the darlings of the day. Apple surged over 11%. Nvidia? Up 13%. Walmart rallied 9.7%, and Tesla blasted up 19%—likely thanks to both the tariff news and its usual drama.

“This move feels like a pressure valve release,” said analyst Adam Crisafulli, adding, “but let’s not pretend this is over. China’s tariff rate is now in the triple digits, and who knows what kind of curveball hits in 90 days.”

Not So Fast, Say the Skeptics

Sam Stovall from CFRA Research sounded a bit more cautious. “It’s a relief rally, sure,” he said. “But let’s be honest—this could all flip again. Fool me once, shame on you. Fool me five times… well, shame on me.”

Markets were already bouncing even before Trump’s post. Traders were clinging to any glimmer of hope after four brutal days. Bessent, for what it’s worth, said he’s taking the lead on the tariff talks—maybe a good sign?

Trump, meanwhile, did what he does best: tried to rally the troops. “Now is a GREAT time to buy!” he posted not long after the open.

Apple Aapl Price Chart

The Damage So Far

Still, this relief comes after a bruising selloff. In just four days, the Dow lost 4,500 points. The S&P 500 dropped 12%. Nasdaq? Down 13%—levels not seen since the pandemic-era chaos.

And with China, the EU, and who knows who else ready to fire back with their own tariffs, things are still, well… shaky.

Stay tuned. It’s not over—not even close.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: President Trumpreciprocal tariffS&P 500Scott BessentWall Street
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Dogecoin Price Prediction: Can DOGE Break the $0.29 Resistance to Trigger a Rally Toward $0.35?
CRYPTO

Dogecoin Price Prediction: Can DOGE Break the $0.29 Resistance to Trigger a Rally Toward $0.35?

September 15, 2025
ADA Price Forecast 2025: Can Cardano Break $0.90 and Target the $1 Mark?
CARDANO

ADA Price Forecast 2025: Can Cardano Break $0.90 and Target the $1 Mark?

September 15, 2025
Solana Price Outlook 2025: From 60% Crash to 132% Recovery, DeFi Growth and ETF Buzz
CRYPTO

Solana Price Outlook 2025: From 60% Crash to 132% Recovery, DeFi Growth and ETF Buzz

September 15, 2025
Solana Price Pushes Into $250 Resistance as Cup-and-Handle Pattern Forms
CRYPTO

Solana Price Pushes Into $250 Resistance as Cup-and-Handle Pattern Forms

September 15, 2025
XRP Whales Dump 160 Million Tokens, Price Faces Overbought Warning
CRYPTO

XRP Whales Dump 160 Million Tokens, Price Faces Overbought Warning

September 15, 2025
XRP Utility Gains Spotlight as Institutions Accumulate and Ripple Seeks Banking License
CRYPTO

XRP Utility Gains Spotlight as Institutions Accumulate and Ripple Seeks Banking License

September 15, 2025
Load More

Related News

Dogecoin Price Prediction: Can DOGE Break the $0.29 Resistance to Trigger a Rally Toward $0.35?

Dogecoin Price Prediction: Can DOGE Break the $0.29 Resistance to Trigger a Rally Toward $0.35?

September 15, 2025
ADA Price Forecast 2025: Can Cardano Break $0.90 and Target the $1 Mark?

ADA Price Forecast 2025: Can Cardano Break $0.90 and Target the $1 Mark?

September 15, 2025
Solana Price Outlook 2025: From 60% Crash to 132% Recovery, DeFi Growth and ETF Buzz

Solana Price Outlook 2025: From 60% Crash to 132% Recovery, DeFi Growth and ETF Buzz

September 15, 2025
Solana Price Pushes Into $250 Resistance as Cup-and-Handle Pattern Forms

Solana Price Pushes Into $250 Resistance as Cup-and-Handle Pattern Forms

September 15, 2025
XRP Whales Dump 160 Million Tokens, Price Faces Overbought Warning

XRP Whales Dump 160 Million Tokens, Price Faces Overbought Warning

September 15, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews