Markets on Wednesday were struggling to find direction when mid-afternoon Trump announced he was pausing some of his global tariffs for 90 days. Instantly, stocks across the board soared, leading to the third-best session ever since World War Two. The S&P rocketed 9.52%, the Dow 7.87% and the Nasdaq 12.16% or 1,857 points. <\/p>\n\n\n\n
Many major stocks jumped by double digits: Apple<\/a> 15.33%, Nvidia<\/a> 18.72%, Intel<\/a> 18.75%, Tesla<\/a> 22.69% and United Airlines<\/a> 26.14%. Gold returned to US$3,000 after climbing US$106 and settling around US$3,089. Meanwhile, WTI rallied 4.8% to US$62.45. The U.S. 10-year yield was creeping higher in the morning, but hovered around 4.337% by the close.<\/p>\n\n\n\n The TSX saw big gains, albeit not as high as the NYSE, up 5.42% or 1,220 points. Apart from mild weakness in telcos, all the sectors rallied. Tech soared 10.75% while industrials and energy saw blockbuster gains. Major movers: Baytex<\/a> 22.12%, Whitecap Resources<\/a> 11.96%, Aritizia<\/a> 18.64%, Celestica<\/a> 18.21% and Tilray<\/a> 17.19%. Bulls should keep in mind that China raised its tariffs against the U.S. to 84%, while Trump today rose tariffs against China to 125%.<\/p>\n\n\n\n 🍎 Apple Inc\u00a0(AAPL-Q)<\/a> +15.33%<\/p>\n\n\n\n 💾 NVIDIA Corporation\u00a0(NVDA-Q)<\/a> -18.72%<\/p>\n\n\n\n 💾 Intel\u00a0(INTC-Q)<\/a> +18.75%<\/p>\n\n\n\n 🚗 Tesla Inc\u00a0(TSLA-Q)<\/a> +22.69%<\/p>\n\n\n\n 🛫 United Airlines Holdings\u00a0(UAL-Q)<\/a> +26.14%<\/p>\n\n\n\n 🛢 Baytex Energy Corp\u00a0(BTE-T)<\/a> +22.12%<\/p>\n\n\n\n 🛢 Whitecap Resources\u00a0(WCP-T)<\/a> +11.96%<\/p>\n\n\n\n 👗 Aritzia Inc.\u00a0(ATZ-T)<\/a> +18.64%<\/p>\n\n\n\n