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US STOCKS SNAPSHOT-Wall Street reverses course after Hassett's comments on tariff pause
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US STOCKS SNAPSHOT-Wall Street reverses course after Hassett's comments on tariff pause
Apr 7, 2025 7:47 AM

April 7 (Reuters) - Wall Street's main indexes reversed

course and moved sharply higher after White House economic

adviser Kevin Hassett said in an interview that President Donald

Trump was considering a 90-day tariff pause on all countries

expect China.

At 10:20 a.m. the Dow Jones Industrial Average rose

333.50 points, or 0.87%, to 38,614.49, the S&P 500 gained

79.99 points, or 1.69%, to 5,154.07 and the Nasdaq Composite

gained 362.69 points, or 2.33%, to 15,950.47.

(Reporting by Pranav Kashyap in Bangalore; Editing by Sriraj

Kalluvila)

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