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Stocks Surge on Tariffs News and Trump’s Powell Remarks

Stocks Surge on Tariffs News and Trump’s Powell Remarks

Published:
2025-04-23 14:45:02
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U.S. stocks opened significantly higher on April 23, 2025, amid market reaction to latest tariffs news and President Trump’s comments on Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average gained nearly 900 points, up 2.2%, while the S&P 500 jumped 2.7%. The Nasdaq Composite surged over 3.6% as earnings and investor sentiment boosted markets. Top gainers in premarket trading included Tesla, Nvidia, Palantir Technologies, and Apple. Trump’s remarks that he has no intention of dismissing Powell contributed to the gains.

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