The stock markets joined on Thursday in response to the dramatic decision of President Donald Trump to suspend the planned tariffs in almost all US commercial partners for 90 days, with the exception of China.
The key Asian indices opened on Thursday with notable recoveries, which mark a postponement for most after a week of turbulence and liquidations promoted by fear of increasing trade wars and recessions.
In Japan, Nikkei 225 increased by 8% and the broader topix index increased by 7.6%. Kospi from South Korea increased almost 6%.
Taiwan’s Taiex index increased 9.25% and Australia ASX 200 increased 4.6%.
The currency dealers work in front of an Electronic Board that shows the price index of composite shares of Korea (Kospi) and the exchange rate between the US dollar and the South Koreans won in Seoul, South Korea, on April 10, 2025.
SOO-HYEON KIM/Reuters
Chinese markets were also in green, despite Trump’s decision to increase tariffs on Chinese products to a 125%cumulative total. The president alleged Beijing’s “lack of respect” to explain the last walk, his last coast after China announced 84% of reciprocal tariffs on US assets on Wednesday.
Hong Kong Hang Seng index rose 3%, the Shanghai compound index increased 1.29%and the Shenzhen component index increased 2.7%.
The US markets closed after the big rebounds on Wednesday after Trump’s announcement that most of his radical tariffs would stop.
The industrial average Dow Jones rose 2,962 points, or 7.8%, marking the best day of the index since 2020. The S& P 500 jumped 9.5%, while the nasdaq heavy technological shot 12.1%.
The Futures of US shares. UU. They fulfilled before the negotiation session on Thursday. From the morning of Thursday, Dow’s futures fell 0.34%, S& P 500 Futures dropped 0.48% and Nasdaq Futures dropped 0.84%.
President Donald Trump prepares to sign executive orders as Treasury Secretary, Scott Besent, the Secretary of Commerce Howard Lutnick, Interior Secretary Doug Bergum and the Secretary of Transportation are Duffy Watch in the Oval Office, on April 9, 2025 in Washington.
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Max Zahn of ABC News contributed to this report.
