From Yahoo Finance: 2025-04-11 11:55:00

U.S. markets rose Friday morning following strong bank earnings. Dow Jones up 0.1%, S&P 500 up 0.2%, Nasdaq up 0.4%. JPMorgan Chase and BlackRock beat expectations, while Wells Fargo underperformed. Big Tech also saw gains. Concerns over tariffs and political volatility persist, but corporate results offer reassurance.

China raises tariffs on U.S. imports from 84% to 125%, rendering U.S. goods uncompetitive. Gold hits record high above $3,200/ounce as investors flee U.S. assets. Treasury yield spike signals inflation fears. U.S. dollar slides to lowest level in nearly three years due to Trump administration volatility.

Amazon CEO warns of price increases and consumer stockpiling due to tariffs. JPMorgan strategist softens public commentary on tariffs amid tense political climate. Wedbush memo predicts economic turmoil from China tariffs impacting U.S. consumers and businesses. Big Tech supply chain at risk.

Read more: Stocks tick back up as trade tensions deepen and big banks report earnings