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Elon Musk Sued By Sam Altman-Led OpenAI Over 'Harassing' Tactics: ChatGPT Maker Alleges Tesla CEO 'Tried Every Tool' Available To Cause Harm
Trump Pauses 'Reciprocal' Tariffs, but Hits China Harder
Technology Stocks Outperform After Trump's Tariff Pause: Microchip Technology, AMD Lead Sector Higher
The US temporarily suspends some tariffs, leading to a major rebound in gold, Copper, and oil, with the NASDAQ rising over 12%, significant increases in Chinese stocks and the renminbi, and a rise and fall in the yield of ten-year US Treasury bonds.
The Magnificent 7 rose at least nearly 10%, with Tesla up nearly 23%. The ten-year U.S. Treasury yield increased by more than 20 basis points during the session but retraced gains after Trump's speech. Following Trump's announcement of tariffs, the Mexican peso rose over 3% during the session, while the offshore Chinese yuan briefly rebounded over 800 points, breaking 7.35. Bitcoin surged by over 8000 USD, approaching the 0.083 million mark; the session saw gold futures rise over 4%, and copper rose nearly 8%.
U.S. stock market close: The Nasdaq surged 12% in a single day, with six of the 'Big Seven' companies seeing double-digit gains.
① Tesla rose over 22%, NVIDIA increased by nearly 19%; ② PHLX Semiconductor Index rose about 19%; ③ Nasdaq Golden Dragon China Index rose by 4.5%; ④ Amazon launched the AI voice model Nova Sonic.
Microsoft Options Spot-On: On April 9th, 374.81K Contracts Were Traded, With 2.12 Million Open Interest