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US markets show modest gains as S&P 500, Nasdaq lead rally amid trade war tensions

IndiaTimes Wednesday, 9 April 2025
US stock markets showed mixed but slightly positive performance on April 9, 2025, with the Nasdaq leading, up 1.25%. Meanwhile, global markets declined sharply as US-China trade tensions escalated. The US bond market faced turmoil, and the 30-year Treasury yield surpassed 5%. The dollar weakened, while gold rose, as investors sought safer assets.
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News video: Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown

Shanghai Stocks Crash 7.3% as Trump Threatens 50% Tariffs in Escalating US-China Trade Showdown 03:08

 Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports. At one point, losses topped 8%. The move reignited fears of a full-blown trade war, with Beijing vowing to “fight to...

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