(10 Apr 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Frankfurt, Germany – 10 April 2025
1. Close of board showing DAX data as market opens
2. Various of stock exchange, traders working
3. Board showing DAX data
4. Wide of stock exchange
STORYLINE:
Germany’s DAX gained more than 8% in early trading on Thursday, as investors worldwide welcomed President Donald Trump’s decision to temporarily halt most U.S. tariffs.
In early trading, Germany’s DAX initially gained more than 8%. It was up 7.5% at 21,141.53 a bit later, while the CAC 40 in Paris gained 7.2% to 7,360.23. Britain’s FTSE 100 surged 5.4% to 8,090.02.
However, U.S. futures edged lower and oil prices also declined.
Chinese shares saw more moderate gains, given yet another jump in the tariffs each side is imposing on each others’ exports.
The future for the S&P 500 was down 0.4% while that for the Dow Jones Industrial Average edged 0.2% lower.
Analysts had expected the global comeback given that U.S. stocks had one of their best days in history on Wednesday as investors registered their relief over Trump’s decision.
AP video shot by Daniel Niemann
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