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Wall Street Soars as Trump Delays Tariffs, S&P Rises

4/13/2025

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Summary

Story summary

On April 9, Wall Street experienced a surge as President Trump postponed new tariffs, calming investor fears. Apollo CEO Marc Rowan praised the administration's trade strategy, hinting at its potential as a negotiation ploy. Amidst lingering worries, many investors are buoyed by optimism, with the S&P 500 climbing 5.7% for the week.

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Story summary

On April 9, Wall Street experienced a surge as President Trump postponed new tariffs, calming investor fears. Apollo CEO Marc Rowan praised the administration's trade strategy, hinting at its potential as a negotiation ploy. Amidst lingering worries, many investors are buoyed by optimism, with the S&P 500 climbing 5.7% for the week.