Wall Street joins global rally after Trump hints at trade negotiations; tech stocks rebound sharply as investor sentiment improves.
April 8, 2025: US Stock Market LIVE Updates – April 8, 2025:
The US stock market staged a strong recovery on Tuesday, with the Dow Jones, S&P 500, and Nasdaq gaining over 3% in early trading, snapping a two-day losing streak driven by global tariff fears. The rebound follows renewed hopes that President Donald Trump may open negotiations with key trade partners.
Also Read: Sensex Soars 1,000 Points, ₹8 Lakh Crore Wealth Added Amid Global Relief Rally
Just ahead of market opening, President Trump posted on Truth Social, stating, “We are dealing with many countries, all of whom want to make a deal with the United States,” which injected optimism into jittery markets.
📊 Market Highlights (as of early trading):
- Dow Jones: Opened 2.27% higher at 38,827.1, and surged over 1,300 points to trade at 39,334.05, up 3.6%.
- S&P 500: Gained 3.67%, currently trading at 5,248.64.
- Nasdaq Composite: Extended gains by 4.14%, rising to 16,249.77, led by rebounds in Nvidia, Apple, and Tesla.
🌐 Global Rally Lifts Sentiment:
Markets worldwide surged in tandem with the US:
- Japan’s Nikkei 225: Soared 6.03%, closing at 33,012.58.
- Hong Kong’s Hang Seng: Rose 1.51% to 20,127.68.
- FTSE 100 (UK): Gained 2.84%, trading at 7,918.01.
- DAX (Germany): Up 2.54% at 20,291.88.
🇮🇳 India Joins the Rally:
- BSE Sensex: Gained 1.49% to close at 74,227.08.
- Nifty 50: Rose 1.69% to settle at 22,535.85.
🗣️ Expert Take:
Gaurav Bhandari, CEO of Monarch Networth Capital, believes the worst may be over — for now.
“We’re nearing the end of a bottoming process. While risks persist, I foresee a euphoric surge in US markets before a potential correction later this year. The S&P could touch 6,300–6,700 over the next 6–8 months,” he said.
🛢️ Commodities Watch:
- Gold (June Futures): Trading at ₹87,979, up 1.21%.
- Analysts cite safe-haven buying amid ongoing geopolitical and trade tensions.
🏷️ Tags:
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