SPX: S&P 500 Prints $5 Trillion as Buying the Dip Goes Nuclear—Some Tariffs Are on Pause

Send it! Brakes off, full speed ahead, buy the dip and let it rip — traders went all-in after a single post by the US President.

🚀 S&P 500 Rockets in Historical Showing

• The S&P 500 index (SPX) continued to slosh trillions around on Wednesday, pumping by a massive 8% surge after a single post by Donald Trump. “I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.”
• Bam — $5 trillion later, the broad-based index hit the highest-ever single-day gain in monetary terms. “That was his strategy all along,” Treasury Secretary Scott Bessett claimed to reporters, even though he said earlier these tariffs won’t be getting suspended.
• The Nasdaq Composite soared 9% for its best showing since the 2008 financial crisis. The Dow Jones Industrial Average advanced more than 2,500 points, adding more than 6% to its valuation.

🎟️ China Gets Even More Tariffs—125%

• The spectacular buying couldn’t be stopped — not even Trump going extra hard on China could put the brakes on the rally. In a separate announcement on his platform, he said that he’s raising the tariff rate on China to a whopping 125%. The news came after China raised tariffs on US goods to 84% hours earlier.
• “Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately,” Trump said in his social media post.
• “At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable,” he wrote.

🚗💨 Tesla Rallies Hard, Up 20%

• Reactions across the board? Buy the dip and let it rip. Pent-up demand hit the tape like Wall Street’s floodgates just blew open. Mega-cap tech? Moonbound. Industrials? Flexing. Even the usual wallflowers got dragged into the dance.
• Tesla stock TSLA was up by a monster 20% at its peak. Nvidia stock NVDA soared more than 18% at the top, followed by Meta’s META 13% gain. Bitcoin also grabbed a fair share of the buying and was up 8% to cross $82,000 after languishing at a five-month low of $75,000.
• The big question now is: “Is that the real deal or is there more surprise posts that markets should be expecting?”