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Wall Street soared after US President Donald Trump hit the pause button.

ASX posts $100b rally as it goes from fear to frenzy

The Australian sharemarket posted its biggest jump in five years on Thursday after Wall Street had its third-best day since World War II following Donald Trump’s stunning tariffs reversal.

  • Miriam Steffens and Nick Newling

Latest

While a wash of green on market screens may tempt investors to jump in, analysts are warning against irrational exuberance.

Trump says now is a ‘great time to buy’. Is he right?

While a wash of green on market screens may tempt investors to jump in, analysts are warning against irrational exuberance.

  • William Bennett
Donald Trump’s radical plan got a reality check from bond markets.

Trump’s sharemarket bonanza and the billionaire bros club

There were many winners in the market frenzy that followed Donald Trump’s about-face, including the US president himself, but his capitulation revealed who is really in charge.

  • Colin Kruger
Rather than hiring Wall Street veterans, Simons turned to astrophysicists and mathematicians.

Hello darkness, my old friend: Welcome to Wall Street’s infamous ‘private rooms’

A decade after being engulfed by a controversy, Wall Street’s secretive dark pools are back, and they are getting even darker.

  • Katherine Doherty
US

Trump said it was a ‘great time to buy’ hours before Wall Street surged $7 trillion on his backflip

Wall Street’s meltdown this month was virtually down to one reason: Trump’s global trade war. And as such, Trump was uniquely situated to do something about it.

  • Carmen Reinicke and Matt Turner
The ASX 200 dropped 1.8 per cent on Wednesday.

$41 billion wiped from ASX as Trump’s tariffs kick in

Shares fell sharply in another turbulent day on Wednesday, as the Trump administration ramped up the pressure on China and imposed its sweeping global tariffs.

  • Clancy Yeates
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An electronic display shows financial information on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig)

ASX rallies after Monday’s carnage; tech, energy stocks soar

The Australian sharemarket posted its biggest gain in more than two years on Tuesday as investors waded back into stocks after the bloodbath on Monday.

  • Staff writers
US President Donald Trump has doubled down on his stiff tariffs, despite seeing how much Wall Street wants him to do the opposite.

7 minutes of mayhem: Trump rumour sends $4.2 trillion shock through Wall Street

The volatility on Wall Street reached new heights on Monday in New York after a rumour sparked a stunning Wall Street surge. Within minutes, it all changed again.

  • Carmen Reinicke
The new trade regime is a “mistake”, says hedge fund titan Bill Ackman.

‘Nuclear winter’: Wall Street billionaires turn on Trump amid market chaos

One by one, many of the biggest names across Wall Street are speaking out against his decision to unleash expansive tariffs worldwide, plunging global markets into chaos.

  • Harry Brumpton
Traders on The New York Stock Exchange on Black Monday, 1987.

Black Monday, COVID-19: Here are some of the market’s biggest drops

Donald Trump’s reciprocal tariffs are starting to hurt local investors, but the latest dive isn’t the first time the ASX has seen a sharp one-day fall.

  • Gemma Grant and Dominic Powell

Original URL: https://www.watoday.com.au/topic/world-markets-hvj