Nvidia stock jumped 3.5% in volatile market due to tariff news
From Nasdaq: 2025-04-07 18:46:00
Nvidia (NASDAQ: NVDA) stock experienced wild swings in trading, closing up 3.5% after being up 7.9% and down 8.2% during the session. Market volatility was driven by tariff news, with major indexes like the S&P 500 ending down 0.3% and the Nasdaq Composite up 0.1%.
Investors reacted to President Trump’s comments on potential tariffs on China, causing early sell-offs. A report on a 90-day tariff pause for most countries except China briefly boosted the market, but the White House denied it. Uncertainty on tariffs and economic conditions could impact Nvidia’s outlook and stock volatility.
A “Double Down” stock recommendation by analysts highlights Nvidia’s potential, with past investments showing significant returns. Investing $1,000 in Nvidia in 2009 would yield $244,570, emphasizing the opportunity for growth. This recommendation underscores the potential for significant gains in the current market climate.
Read more at Nasdaq: Why Nvidia Stock Jumped in a Wildly Volatile Day for the Market