US stocks and the dollar dropped over lingering tariff concerns, despite previous relief rally.

From Yahoo Finance: 2025-04-09 20:55:00

Stock indexes and the U.S. dollar fell over 3% as investors remained cautious after Trump’s tariff announcement. Gold prices soared nearly 3% to a record high, while the dollar hit a 10-year low against the Swiss franc. U.S. Treasury prices rose slightly after a strong bond auction. Uncertainty lingers about the trade war’s economic impact. The S&P 500 remained 7.1% below pre-tariff levels. Overseas equities rose following Trump’s reversal on tariffs. The European Union will delay retaliatory levies on U.S. goods. The dollar weakened against major peers. Oil prices dropped, while gold hit a record high.



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