Dow books biggest point gain ever, Nasdaq scores best day since 2001 on Trump tariff delays

Dow books biggest point gain ever, Nasdaq scores best day since 2001 on Trump tariff delays | 9 April 2025 | The Dow Jones Industrial Average jumped by almost 3,000 points on Wednesday, while the Nasdaq Composite had its best day in 24 years, after President Donald Trump’s 90-day pause on most reciprocal tariffs and a surprisingly strong Treasury auction. The Dow rose roughly 2,963 points, or 7.9%, to close near 40,608, based on preliminary data. That is its largest one-day point gain on record, exceeding the 2,112.98-point gain seen on March 24, 2020. The S&P 500 rose 474 points, or 9.5%, to end at roughly 5,457, breaking a four-session streak of losses. The Nasdaq Composite jumped more than 1,800 points, or 12%, to finish near 17,125. It was the index’s biggest one-day percentage gain since January 2001.

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Lori Price, Editor-in-Chief, CLG News

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