From Yahoo Finance: 2025-04-08 22:17:00

Stock indexes saw their biggest one-day gains in years after Trump declared a temporary U.S. pause on tariffs. The S&P 500 soared 9.5%, Nasdaq rose 12.2%, and Treasury prices rebounded. Concerns linger about long-term tariff plans. U.S. banks, like JPMorgan Chase, will soon report earnings, shedding light on corporate health. Treasury yields rose sharply this week, sparking liquidity concerns. The dollar strengthened post-announcement, while stocks and oil prices surged. Global stocks rose, but European markets initially fell. Oil prices jumped, with Brent and WTI crude prices rising.

Read more: US stocks surge, dollar gains in dramatic relief rally as Trump pauses tariffs