Live Trump pauses most reciprocal tariffs, escalates with China, and stocks surge. See the latest. Stockholm - Delayed Quote • SEK Elicera Therapeutics AB (publ) (ELIC.ST) Follow Compare 2.8650 -0.1350 (-4.50%) At close: 5:18:51 PM GMT+2 Related News Investors grapple with bond chaos as long-term yields soar in aftermath of President Trump's 'Liberation Day' The massive surge in long-term Treasury yields has served as another example of strange trading action in the aftermath of Trump's tariff-fueled "Liberation Day." Nasdaq closes 12% higher, stock market rallies on tariff pause All three major averages closed Wednesday higher after US President Trump announced a 90-day tariff pause for most countries. The Nasdaq Composite (^IXIC) ended the session more than 12% higher, while the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) closed nearly 10% and 8% higher, respectively. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. Stock market today: Dow explodes 3,000 points higher, S&P 500 has best day since 2008 as Trump pauses most reciprocal tariffs US stocks were traded on both sides of the flat line in another volatile session as Wall Street girded for President Trump's massive tariffs. The tech world aggressively backed Trump. It couldn't stop his tariffs. The tech industry tried to cozy up to the Trump Administration in the hopes that it could avoid getting caught in the crossfire of his policy moves. But they couldn't dodge his tariffs. The trade war prompted Delta to pull its guidance. One analyst warns more companies could follow. Michael Kantrowitz, Piper Sandler's chief investment officer, said more companies are likely to revise their guidance amid tariff uncertainty or even pull it altogether. 'BE COOL!': Trump assures Americans things will work out as markets reel from tariff shocks President Trump is attempting to calm Wall Street's nerves with sweeping reciprocal duties on some 185 countries now officially in effect. Why a total market rebound is 'very unlikely' Market participants are hoping for a shift in the current tariff situation, with many seeking a resolution or deal to ease the uncertainty. Piper Sandler chief investment strategist Michael Kantrowitz joins Morning Brief to discuss how the market (^GSPC, ^IXIC, ^DJI) is largely driven by policy rather than economic data right now, and why a quick resolution of the tariffs is unlikely and will lead to continued volatility. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Stock market today: Dow sinks 300 points, S&P 500 nears bear market as Trump's tariffs keep roiling Wall Street Investors are digesting tariff whiplash after the White House confirmed plans to levy 104% tariffs on China, set to go into effect at 12:01am ET. Reddit’s conversational AI search tool leverages Google Gemini Reddit Answers, the platform's conversational AI search tool, gets an upgrade through an integration with Google Gemini. This comes over a year after Reddit expanded its partnership with Google Cloud to access its Vertex AI platform to build AI agents. Google and Reddit announced the update on Wednesday, explaining that by incorporating Gemini on Vertex AI, it will help improve search relevance and provide quick answers for users. Reddit Answers has been in beta since December 2024 and allows us A diminished ‘Magnificent 7’ tests Big Tech’s role in the market: Morning Brief The tech giants can be defensive stocks in a trade war not because they are insulated but because they are enormous, cash-rich, and have sprawling businesses. China tariffs, Delta earnings, Fed commentary: What to Watch Market Domination Overtime host Josh Lipton examines what Wall Street will be watching on Wednesday, April 9. US President Trump's 104% tariffs on imports from China are set to take effect at midnight. Delta Air (DAL) will report first quarter earnings before the opening bell, and Constellation Brands (STZ) will announce earnings results after market close. Richmond Federal Reserve president Tom Barkin will speak, offering fresh commentary from the central bank. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. US stocks soar to historic gains after Trump pauses most of his tariffs The S&P 500 surged 9.5%, an amount that would count as a good year for the market. S&P 500 Gains and Losses Today: Index Roars Back After Reprieve on 'Reciprocal' Tariffs The S&P 500 surged 9.5% on Wednesday, April 9, roaring back in an afternoon rally after President Trump temporarily suspended widespread tariffs. Constellation Brands: Fiscal Q4 Earnings Snapshot The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share. The wine, liquor and beer company posted revenue of $2.31 billion in the period. Its adjusted revenue was $2.16 billion, which also topped Street forecasts. Tariffs Are Still Coming for the AI Boom President Trump threw out what appeared to be a lifeline to tech companies Wednesday by suspending onerous tariffs that had sent their stocks spiraling downward. The uncertainty over trade barriers is still rattling Big Tech and the global economy. Trump’s reprieve pushed Nvidia’s stock above where it was before he imposed tariffs last week, but the trade war with China is escalating, not easing, and huge uncertainty remains. Airlines’ Dreams of a Banner Year Are Clouded by Trade Battle Delta set aside a previously upbeat outlook, citing economic uncertainty and lackluster appetite for domestic leisure and business travel. President Trump's Tariff Pause: Why Airline Stocks Delta, JetBlue, and United Took Flight Today After an incredibly rough stretch over the last four days of trading, this afternoon, President Donald Trump announced a 90-day pause on higher tariff rates for most countries, implementing a base 10% reciprocal level. Airline stocks joined the party in a big way. Shares of Delta Airlines (NYSE: DAL) rose over 23%, while shares of JetBlue (NASDAQ: JBLU) and United Airlines (NASDAQ: UAL) blasted roughly 19% and 26% higher, respectively. US Markets Rebound, Dow, Nasdaq Close Past Key Levels After Trump Pauses Full Blow of Import Tariffs US stocks closed sharply higher on Wednesday, with the major market indexes rebounding strongly afte Nasdaq Surges 12%, S&P 500 Snaps 4-Day Losing Streak After Trump's Tariff Pause The Nasdaq Composite rallied by a double-digit percentage on Wednesday, while the S&P 500 rebounded How major US stock indexes fared Wednesday, 4/9/2025 The Dow Jones Industrial Average flew nearly 3,000 points higher, and the Nasdaq composite jumped 12.2%. On Wednesday: The S&P 500 rose 474.13 points, or 9.5%, to 5,456.90. The Dow Jones Industrial Average rose 2,962.86 points, or 7.9%, to 40,608.45. Performance Overview Trailing total returns as of 4/9/2025, which may include dividends or other distributions. Benchmark is OMX Stockholm 30 Index (^OMX) Return ELIC.ST OMX Stockholm 30 Index (^OMX) YTD +71.56% -12.38% 1-Year +136.78% -13.44% 3-Year -30.96% +2.06%