How One of the Wildest Weeks in Market History Unfolded
From Yahoo Finance: 2025-04-11 21:00:00
The New York Stock Exchange experienced its biggest one-day rally since the financial crisis, leading to a volatile week with surging bond yields, a sliding dollar, and record highs for gold. Despite the tumultuous market, major U.S. indexes ended the week up 5%. Investors are bracing for more uncertainty as the Dow Jones Industrial Average gained over 600 points on Friday.
The week began with a shocking announcement from President Trump of steep tariffs, leading to a four-day selloff. However, a historic rally followed after a 90-day pause on some tariffs. The Nasdaq and S&P 500 saw their biggest gains in years, only to reverse some on Thursday, as the trade war with China escalated.
Investors sought refuge in gold as bond prices fell sharply, affecting the dollar and other commodities. Rising bond yields raised concerns about the country’s economic challenges, while solid earnings from financial firms provided relief. The week ended with a surge in gold prices and increased volatility in oil and copper.
The week’s events left many investors on edge, as stock and bond prices fell in unison, prompting fears of a breakdown in the Treasury market. The extreme market movements led to concerns about the economy’s stability and future outlook. Despite the rollercoaster week, major indexes ended up, but all three are down for the year.
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