Market Optimism Rises as Trump Delays Tariffs

Investors on Wall Street ended Thursday's session on a high note, buoyed by President Donald Trump's decision to postpone the imposition of reciprocal tariffs on trade partners. This move, coupled with the anticipation of financial results from major companies like Coinbase and Airbnb, has injected a dose of optimism into the market.

Stock Indices Show Significant Gains

The Dow Jones Industrial Average saw a notable increase of 0.77%, while the Nasdaq 100 and the S&P 500 experienced even more substantial gains, rising by 1.43% and 1.04%, respectively. These movements reflect a growing confidence among investors in the face of recent economic policy developments.

Currency Markets Remain Steady

Meanwhile, the currency markets showed little movement, with the euro trading flat against the dollar at 1.04612 by 4:01 pm ET. This stability in the currency markets further underscores the cautious optimism prevailing among investors.

More updates to follow...