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A post by US President Donald Trump has gained a tremendous speed in the US stock market. All indices are traded with heavy bounce. Nasdaq is seen trading 10 per cent and Dow Jones 7 per cent. Trump has posted a post on Truth Social on Wednesday night. In this, he wrote that he is increasing the tariff to 125 percent on China. At the same time, Trump wrote that he is taking back the tariffs on most countries for 90 days.
Huge rise in all indices
After this post by Trump, the US market has seen tremendous boom. The major index Dow Jones appeared 6.98 per cent to trade at 40,271. The S&P 500 index rose by 7.90 per cent to trading at 5373. Nasdaq was seen trading at 9.88 per cent to 16,820. The small cap 2000 index rose by 8.75 per cent to trading at 1914. This boom in the US market can also affect the Indian stock market on Thursday.
Stormy boom in crude oil and bond yield
Crude oil prices are also seeing a huge rise. Crude oil doubletei was seen trading at $ 62.30 per barrel late on Wednesday night. At the same time, Brent Oil was trading at $ 65.38 per barrel with a gain of 4.04 per cent. The US 10 -year -old yield rose 3.50 per cent to 4.407 per cent. At the same time, 30 -year -old yield rose 1.74 percent to 4.79 percent.
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