Market

US Stock Markets Rally as Trump Considers Tariff Exemptions for Multiple Countries

Market Optimism Rises with Potential Tariff Exemptions

In a surprising turn of events, President Donald Trump hinted at possible exemptions from reciprocal tariffs for numerous countries, sparking a wave of optimism across the United States stock markets. This announcement, coupled with an encouraging report on improved business activity in March, has significantly lifted investor spirits.

Significant Gains Across Major Indices

The Dow Jones experienced a notable surge of 1.42%, while the Nasdaq 100 leaped by an impressive 2.16%. Not to be outdone, the S&P 500 also saw substantial growth, climbing 1.76% by the close of the session.

Euro Dips Against the Dollar

Amidst these developments, the euro witnessed a slight decline against the dollar, trading at $1.08013, down by 0.19% at 3:58 pm ET.

Stay tuned for further updates as this story develops...