Back to today’s briefing

Story perspectives

Market Soars After Trump’s Tariff Pause Announcement

5/5/2025

48 5

Summary

Story summary

The U.S. stock market recovered after President Trump's tariffs announcement caused a 12% drop in the S&P 500.
A "90-day pause" on tariffs, announced on April 9, triggered a significant market rally.
Strong corporate profits exist, but uncertainty about tariffs' long-term economic impact persists.
The Federal Reserve halted rate cuts, while United Airlines issued cautious forecasts amid market volatility.

1 of 1

Story summary

The U.S. stock market recovered after President Trump's tariffs announcement caused a 12% drop in the S&P 500.
A "90-day pause" on tariffs, announced on April 9, triggered a significant market rally.
Strong corporate profits exist, but uncertainty about tariffs' long-term economic impact persists.
The Federal Reserve halted rate cuts, while United Airlines issued cautious forecasts amid market volatility.