• Sun, June 8, 2025
  • Mon, June 9, 2025
  • Tue, June 10, 2025

Dow climbs 300 points as stocks extend rally after Trump signals more tariff relief is possible

The Dow Jones industrial average increased 312 points, or 0.78%, the S&P 500 added 0.79%, and the Nasdaq picked up 0.64%.
On April 14, 2025, the U.S. stock market experienced significant fluctuations influenced by former President Donald Trump's proposal to impose a 100% tariff on imported automobiles, causing a sharp decline in major indices. The Dow Jones Industrial Average dropped by 350 points, the S&P 500 fell by 1.2%, and the Nasdaq Composite decreased by 1.8%. The proposed tariffs raised concerns about potential trade wars and their impact on the automotive industry, leading to a sell-off in related stocks. However, the market saw some relief as tech giants Apple and Nvidia reported strong quarterly earnings, with Apple's stock rising 2.5% and Nvidia's increasing by 3.1%. These positive earnings reports provided a counterbalance to the tariff-induced downturn, although overall market sentiment remained cautious amid ongoing trade uncertainties.

Read the Full Fortune Article at:
https://fortune.com/2025/04/14/stock-market-today-dow-sp500-nasdaq-trump-tariffs-autos-relief-apple-nvidia/

Like: 👍