2025-04-09
13 分钟U.S. stocks rally stalls ahead of 104% tariffs on China going into effect at midnight.
Plus, how do you trade in turbulent times?
Some investors are turning to a 1997 book for strategies.
Ever since the COVID pandemic,
there is a really tremendous shift and the pre-2020 world is just very different from where we are today.
And we're seeing that a lot now with Trump's tariffs.
And how President Trump's tariff plan could send coastal commercial real estate into a tailspin.
It's Tuesday, April 8th.
I'm Alex Osela for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
More volatility in the markets today.
There was a big bounce back rally in the morning stemming from comments from Treasury Secretary Scott Besant,
who said that the Trump administration was open to negotiating to reduce tariffs.
But by the afternoon, the enthusiasm had stalled out,
as U.S. trade representative Jameson Greer said Trump won't provide tariff exemptions for individual products or companies.
U.S. stocks capped off a volatile session in a downswing.
The Dow rose more than 1,400 points early on,
reflecting investors' faith that the administration may deliver on talks of potential trade deals,
but ultimately closed down about 0.8 percent.
The S&P 500 fell about 1.6 percent, and the Nasdaq, which had rallied more than 4 percent earlier,