Stocks Stabilize After Trade Tensions Ease

Tech Stocks Give Wednesday's Gains Following Tariff Pause

April 10, 2025 – Tech stocks were a major driver of Wednesday's market gains, as investors breathed a sigh of relief following a pause in the ongoing trade tensions between the U.S. and China.

The Nasdaq Composite Index surged 2.3% to 12,341.49, while the S&P 500 Index rose 1.6% to 4,341.23. The Dow Jones Industrial Average also climbed 1.4% to 34,541.23.

Tech stocks were among the biggest winners, with many of the sector's largest players posting significant gains. Apple Inc. (AAPL) jumped 4.1% to $146.21, while Microsoft Corp. (MSFT) rose 3.5% to $245.19. Amazon.com Inc. (AMZN) gained 3.3% to $1,341.23, and Alphabet Inc. (GOOGL) climbed 3.2% to $1,241.23.

The gains came after the U.S. and China announced a 90-day pause in their trade tensions, giving investors hope that a resolution to the dispute may be within reach. The pause was seen as a positive development by many in the tech sector, as a prolonged trade war could have had significant negative implications for the industry.

"The pause is a welcome development, and we're seeing a lot of optimism in the market," said Michael Antonelli, market strategist at Robert W. Baird & Co. "The tech sector is particularly sensitive to trade tensions, so any progress is a positive sign."

The market's gains were also fueled by a strong earnings report from Intel Corp. (INTC), which saw its shares jump 5.5% to $64.21 after the chipmaker reported a surprise profit. The report helped to boost sentiment in the broader tech sector, which has been under pressure in recent weeks due to concerns over the impact of the trade war on the industry.

Overall, the market's gains were seen as a positive sign for the tech sector, which has been under pressure in recent weeks. The pause in trade tensions and the strong earnings report from Intel helped to boost sentiment, and many investors are now looking to the sector for potential gains in the coming weeks.