The Nasdaq closed 12% higher on Wednesday, marking its second largest gain in history, after the decision of President Trump to stop the implementation of tariffs for 90 days. Strategy (MSTR), one of the fastest recovery actions and a component of the QQQ Trust, ETF Series 1 (QQQ) research, increased 25%.
Meanwhile, the S&P 500 rose almost 10%, registering its third one -day gain, surpassed only for two days in 2008.
While this may seem optimistic on the surface, it is worth noting that the three largest manifestations of Nasdaq occurred in 2001 and 2008, both during recessions and followed by new minimums. Similarly, the two largest green days of the S&P 500 were also during the 2008 financial crisis. Investors must know the manifestations of the bears.
It is speculated by growing why Trump backed away in tariffs. Worldwide, the increase in bond yields were markets. According to the senior correspondent for Fox Business Charless Gasparino, the pressure in the bond market may have emerged from Japan selling bonds, not China, as many had assumed.
As the market recovered, the vix (volatility index) closed at age 34, registering the highest percentage fall in its history, exceeding the 2010 record.
Bitcoin (BTC) also saw a peak, briefly gathering above $ 82,000. However, it remains within the descending channel that has followed since January.