US Stocks Soar to Record Highs Following Trump’s Tariff Suspension 🚀

A trader reacts at the New York Stock Exchange as the stock market rebounds on June 9 (local time). 📈

New York, NY – The Dow Jones, S&P 500, and Nasdaq all experienced record-breaking gains on Monday after U.S. President Donald Trump announced a 90-day mutual tariff suspension with countries excluding China. This move injected significant optimism into the market.

Key Highlights:

• Dow Jones: Soared by 2,962.86 points (7.87%) to close at 40,608.45, marking its largest single-day gain since 2020.
• S&P 500: Jumped by 474.13 points (9.52%) to reach 5,456.90.
• Nasdaq: Surged by 1,857.06 points (12.16%) to finish at 17,124.97.

Investors responded positively to the news, viewing the tariff suspension as a sign of easing trade tensions and potential for increased economic activity. The surge reflects a renewed confidence in the market’s stability and growth prospects. 👍