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April 10, 2025 9:45 AM
In a stunning turn of events, the US stock market added $4 trillion in value within just 10 minutes following Donald Trump's announcement of a temporary suspension on tariffs for most of America’s trading partners. The S&P 500 soared more than 9%, marking one of the fastest and most significant market recoveries in recent memory.
The policy reversal appears aimed at calming market volatility after weeks of escalating trade tensions rattled global investors. The move comes as pressure mounted on the administration from Wall Street executives, lawmakers, and international allies.
According to ChainCatcher, the decision sent a shockwave through global finance, with futures, equities, and major indexes reacting instantly. Analysts say the sheer scale of the rebound highlights how sensitive markets have become to geopolitical decisions.
Investors now speculate that further easing of trade-related policies could extend the rally and soften fears of a global economic downturn.
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