US Stocks Surge on Tariff Deal Optimism

U.S. stocks surged on April 8, 2025, amid optimism surrounding tariff negotiations led by President Trump. The Dow Jones, S&P 500, and Nasdaq all posted gains exceeding 3% as Trump reported positive discussions with South Korean and Japanese leaders, emphasizing a desire for trade agreements. Treasury Secretary Scott Bessent indicated Japan was prioritizing negotiations, while analysts noted that China's retaliatory tariffs remained a significant concern. This rally followed previous market losses attributed to Trump's imposition of tariffs on over 180 countries, which had raised fears among investors. The surge was particularly pronounced in tech stocks, with notable increases for companies like Nvidia and Tesla. Market experts caution that continued volatility is likely as the tariff situation evolves.