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U.S. Stocks Surge Amid Tariffs and Global Market Moves

9/29/2025

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Summary

Story summary

U.S. stocks rose as the S&P 500 gained 2.84% on 3.8% GDP growth.
President Donald Trump announced tariffs on goods, including 100% on branded drugs and 30-50% on furniture.
ASX 200 set to rise for a third session, led by healthcare and financials.
Argentina's Treasury intervened in FX markets to stabilize the peso, absorbing $7 billion in grain-export dollars.

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Story summary

U.S. stocks rose as the S&P 500 gained 2.84% on 3.8% GDP growth.
President Donald Trump announced tariffs on goods, including 100% on branded drugs and 30-50% on furniture.
ASX 200 set to rise for a third session, led by healthcare and financials.
Argentina's Treasury intervened in FX markets to stabilize the peso, absorbing $7 billion in grain-export dollars.