Wall Street Reverses Course After Hassett's Comments on Tariff Pause

Reuters2025-04-07

April 7 (Reuters) - Wall Street's main indexes reversed course and moved sharply higher after White House economic adviser Kevin Hassett said in an interview that President Donald Trump was considering a 90-day tariff pause on all countries expect China.

At 10:20 a.m. the Dow Jones Industrial Average rose 333.50 points, or 0.87%, to 38,614.49, the S&P 500 gained 79.99 points, or 1.69%, to 5,154.07 and the Nasdaq Composite gained 362.69 points, or 2.33%, to 15,950.47.

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Comments

  • Reallyxxx
    2025-04-07
    Reallyxxx
    Yep, as the comment above says, a u-turn. BUT not 1 uturn, but TWO! This is NO WAY to be running a country. 4 more years of this is 4 years too long
  • JJVoon
    2025-04-07
    JJVoon
    Hahaha U TURN! 
  • Success88
    2025-04-07
    Success88
    Haha so funny Trump 
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