Market

Dow Surges 230 Points Amid Anticipation of Trump's Tariff Announcement

Market Rallies as Investors Eye Tariff Decision

US stocks experienced a significant uptick on Wednesday, with the Dow Jones Industrial Average closing 235 points higher. Investors were on edge awaiting President Donald Trump's much-anticipated tariff announcement, set for 4 pm ET. The day was marked by the usual volatility, with markets swinging in anticipation of the decision.

Tech and Retail Giants in Focus

Amid the tariff talks, updates on Tesla, Amazon, and TikTok also captured investors' attention. The Nasdaq 100 and S&P 500 weren't left behind, posting gains of 0.75% and 0.67%, respectively.

Currency Movements

The euro wasn't left out of the day's movements, gaining 0.52% against the dollar to trade at $1.08500 by 3:58 pm ET.

Stay tuned for more updates...