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  • Last modified 5 days ago (April 9, 2025)

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Investors keep eye on stocks

Marion County investors are nervously watching the stock market as it travels a roller coaster of downturns and upticks.

The ride began when President Donald Trump announced tariffs on goods from other countries, and some countries announced retaliatory tariffs on American goods.

After several days of massive declines, stocks surged Tuesday morning when hopes for tariff negotiations inspired investors.

Prices cooled by afternoon, however, after the White House announced it would go ahead with plans to drastically increase tariffs on Chinese goods.

The early morning stock rebounds appear to have come after Treasury Secretary Scott Bessent said the White House and Japan had begun bilateral trade talks.

The Dow Jones Industrial Average rose 800 points early Tuesday after a 350-point loss on Monday. By Tuesday afternoon, the stock rise was 105 points.

Trade between the U.S. and China, the world’s two largest economies, remained on rocky ground Tuesday.

After already imposing 54% tariffs on China, Trump said he would increase tariffs an additional 50% if China announced 34% retaliatory tariffs on U.S. goods.

Last modified April 9, 2025

 

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