The NASDAQ rose 12.2% this Wednesday, why??

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 Interesting fact! This Wednesday, the NASDAQ rose 12.2% by market close! This was the most the NASDAQ has risen since 2001. Other indexes like the S&P 500 and Dow Jones haven't rose this much since 2008 and 2020 respectively.


The Nasdaq's 12.2% surge on Wednesday was largely driven by President Trump's decision to pause reciprocal tariffs on most countries for 90 days, while raising tariffs on China to 125%. This move eased investor concerns about a broader trade war, leading to a massive rally across major U.S. stock indexes.


Of course, even though the markets went up Wednesday, indexes like the NASDAQ are still down 12.2% year over year. Yesterday the market also did a correction with most indexes falling ~3%. However, this rise might continue if trade wars don't get worse in the following weeks/months.

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