Stocks jump as investors react to tariffs news, Trump’s Powell flip
American actions opened above Wednesday, April 23, 2025 Wednesday, which is happening in a broader reaction on the market to the latest news and comments on the president of the Federal Reserve Jerome Powell of President Donald Trump.
The industrial average of Dow Jones increased by 2.2%, earning nearly 900 points, while the S&P 500 benchmark jumped 2.7%.
Meanwhile, the Nasdaq Composite, heavy with technology, opened more than 3.6% as profits and global markets in the feeling of investors.
Among the main winners of actions in pre-commercial trading were Tesla (TSLA), NVIDIA (NVDA), Palant Technologies (PLTR) and Apple (AAPPL). Investors also look at IBM, Boeing and AT&T, who are headlining business profits during the day.
The earnings in pre-commercial transactions followed AssetNote that he has “no intention” dismissal Fed Chair Jerome Powell. The reaction on Wall Street was optimistic.
However, the situation of the Fed chair and Trump’s position was not the only element of the investor menu. The fears continue to linger on the impact of the momentum of the trade war.
Trump told journalists that he didn’t dismiss Powell. However, he wishes to see the head of the central bank manage the issue of interest rates differently. This flip follows a week of nervousness and agitation In the midst of Trump’s attacks against Powell.
In addition to Wall Street, Crypto was also optimistic thanks. This saw Bitcoin (BTC) Price increase by more than 4% to more than $ 94,000. Meanwhile, several Altcoins have recorded two -digit gains.
Part of the bullish momentum has been reduced to news concerning commercial negotiations. After increasing in late negotiated during the American session on April 22, the shares continued on Wednesday. It was reports That the United States and the best business partners are making progress in trade negotiations.
The prices had seen stocks drop and swing higher on the climbing that followed. However, the White House says that massive prices, mainly against China, are “not durable.
Treasury secretary Scott Bessent and vice-president JD Vance commented on the issue, the vice-president noting that the United States is progressing in his talks with India.
The market reaction saw the yield of the treasury to 10 years lower 10 base points to 4.274%. Elsewhere, the yield of the Treasury at 2 years was 3 base points at 3.783%.
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