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Wednesday's Stock Surge May Be Just the Start: Why We Are More Bullish Moving Forward

Daily InsightThursday, Apr 10, 2025 3:27 am ET
2min read

The S&P 500 soared nearly 10% on Wednesday, wiping out waves of bearish sentiment as President Trump paused most of his planned reciprocal tariffs, initiating a 90-day negotiation period. The index recorded its largest one-day gain since 2008, while the Nasdaq posted its second-best day in history. With market confidence returning in force, there's a growing case for a more bullish outlook — driven by a more constructive tariff trajectory, reset valuations, and potential new catalysts on the horizon.

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