Market Update – April 9, 2025

Recent developments in international trade policies have significantly impacted global financial markets:​

U.S. Tariff Adjustments:

Tariff Pause: President Trump announced a 90-day pause on most "reciprocal" tariffs, reducing them to a 10% rate during this period.​

China-Specific Tariff: Tariffs on Chinese imports have been increased to 125%, effective immediately. ​
Reuters

Market Reactions:

U.S. Stock Market:

S&P 500: The SPDR S&P 500 ETF Trust (SPY) is trading at $536.38, up 8.04% from the previous close.​

Dow Jones: The SPDR Dow Jones Industrial Average ETF (DIA) is at $401.97, marking a 6.77% increase.​

Cryptocurrency Market:

Bitcoin (BTC): Trading at $82,638, reflecting a 6.73% rise.​
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Ethereum (ETH): Priced at $1,660.72, up 12.05%.