Nasdaq, stocks surge as Trump delays reciprocal tariffs
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The major market averages (^DJI, ^IXIC, ^GSPC) jump in Thursday's session, the Nasdaq Composite leading gains by closing 1.5% higher, followed by the S&P 500's over 1% bump. This comes after this morning's January Producer Price Index (PPI) print and worries that President Trump would enact reciprocal tariffs today.
Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the day's market reactions to the latest inflation data and reciprocal tariffs being delayed until April.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Luke Carberry Mogan.
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