General Discussion

Tickle

(4,131 posts)

9. How does it go up so fast?

Reply to senseandsensibility (Original post)

Wed Apr 9, 2025, 02:38 PM

Apr 2025

January 2, 2025, the Dow Jones Industrial Average (DJIA) closed at 42,392.27, reflecting a decline of 151.95 points (0.4%) from the previous closing.

As of April 9, 2025, the Dow Jones Industrial Average (DJIA) experienced a substantial surge:

Current Level: Approximately 40,412.52, marking an increase of 2,766.93 points or 7.35% from the previous close.
MarketWatch

This significant uptick followed President Trump's announcement of a 90-day pause on tariffs for most countries, while simultaneously increasing tariffs on Chinese imports to 125%.
news
+6
The Guardian
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Reuters
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The market's positive response reflects investor optimism regarding the temporary easing of trade tensions.

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I thought the tariffs were an EMERGENCY [View all] senseandsensibility Apr 2025 OP

LOL, their reasons for any of this change by the hour. Wingus Dingus Apr 2025 #1

And people continue to buy it senseandsensibility Apr 2025 #6

Yeah, I thought all thes trade deals were terrible? Johnny2X2X Apr 2025 #2

It's hilarious watching freepers try to follow along and spin every new headline Wingus Dingus Apr 2025 #4

I post a lot of places Johnny2X2X Apr 2025 #7

Comrade Krasnov *said* it was an emergency - Ocelot II Apr 2025 #3

Strange how this happens, isn't it. republianmushroom Apr 2025 #5

They have been an emergency Ms. Toad Apr 2025 #8

How does it go up so fast? Tickle Apr 2025 #9

TSF is like the little boy who cried wolf one too many times. When will his sheep wake up and see the real wolf? Deuxcents Apr 2025 #10

"swollow whole" - infuriating that the market "soars" to KRASNOV's toying! UTUSN Apr 2025 #11

Perhaps this song inspires Malice in Blunderland to consider an emergency. GreenWave Apr 2025 #12