Live Update
From the Liveblog of
Monday, April 7, 2025
Wall Street jumps after White House adviser says Trump considering 90-day pause in tariffs
Wall Street’s main indexes reverse course and move sharply higher after White House economic adviser Kevin Hassett says in an interview that US President Donald Trump was considering a 90-day tariff pause on all countries except China.
At 10:20 a.m. the Dow Jones Industrial Average rose 333.50 points, or 0.87%, to 38,614.49, the S&P 500 gained 79.99 points, or 1.69%, to 5,154.07 and the Nasdaq Composite gained 362.69 points, or 2.33%, to 15,950.47.
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