{"id":24796,"date":"2025-04-08T09:31:38","date_gmt":"2025-04-08T14:31:38","guid":{"rendered":"https:\/\/www.eoption.com\/mid-morning-look-april-08-2025\/"},"modified":"2025-04-08T09:31:38","modified_gmt":"2025-04-08T14:31:38","slug":"mid-morning-look-april-08-2025","status":"publish","type":"post","link":"https:\/\/www.eoption.com\/mid-morning-look-april-08-2025\/","title":{"rendered":"Mid-Morning Look: April 08, 2025"},"content":{"rendered":"\n
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Mid-Morning Look<\/span><\/b><\/p>\n

Tuesday, April 08, 2025<\/span><\/b><\/p>\n\n\n\n\n\n\n\n
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Index<\/span><\/p>\n<\/td>\n

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Up\/Down<\/span><\/p>\n<\/td>\n

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%<\/span><\/p>\n<\/td>\n

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Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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DJ Industrials<\/span><\/b><\/p>\n<\/td>\n

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1,392.04<\/span><\/p>\n<\/td>\n

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3.67%<\/span><\/p>\n<\/td>\n

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39,359<\/span><\/p>\n<\/td>\n<\/tr>\n

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S&P 500<\/span><\/b><\/p>\n<\/td>\n

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197.08<\/span><\/p>\n<\/td>\n

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3.87%<\/span><\/p>\n<\/td>\n

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5,257<\/span><\/p>\n<\/td>\n<\/tr>\n

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Nasdaq<\/span><\/b><\/p>\n<\/td>\n

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686.14<\/span><\/p>\n<\/td>\n

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4.40%<\/span><\/p>\n<\/td>\n

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16,288<\/span><\/p>\n<\/td>\n<\/tr>\n

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Russell 2000<\/span><\/b><\/p>\n<\/td>\n

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52.15<\/span><\/p>\n<\/td>\n

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2.88%<\/span><\/p>\n<\/td>\n

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1,862<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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U.S. stocks with a much different picture then what we have seen over the last week as broader global markets are soaring, with a more than 3% advance for major U.S. averages as several nations overseas rushed to negotiate with President Donald Trump after his series of “reciprocal” tariffs, although China continues to push back with aggressive retaliatory talk. The Dow Jones Industrial Average jumped over 1,300 points, or over 3.5%, after losing more than 3,500 points since Wednesday as investors panicked over Trump’s “Liberation Day” taxes, which economists have warned could reheat inflation and even trigger a recession. Markets had slumped Monday morning after the President over the weekend signaled his tariffs wouldn’t be revoked anytime soon – but news of trade talks with several countries once again fueled hopes on Tuesday that the hefty tariffs could be negotiated lower. Yesterday, in a Truth Social post on Monday afternoon, Trump revealed he spoke with Japanese Prime Minister Shigeru Ishiba that morning and today talked about positive developments with trading partner South Korea. Overall, stocks across most major emerging markets are higher, rebounding after logging sharp declines in recent sessions. Indications that countries are looking to negotiate trade deals with the United States further provided impetus for risk taking. Oil, gold prices, Treasury yields, and Bitcoin all see rebounds alongside stock prices.<\/p>\n

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Futures got another boost after 9:00 AM<\/span> after Donald Trump tweets on Trust Social saying: “I<\/span> just had a great call with the Acting President of South Korea. We talked about their tremendous and unsustainable Surplus, Tariffs, Shipbuilding, large scale purchase of U.S. LNG<\/span>, their joint venture in an Alaska Pipeline, and payment for the big time Military Protection we provide to South Korea. They began these Military payments during my first term, Billions of Dollars, but Sleepy Joe Biden, for reasons unknown, terminated the deal. That was a shock to all! In any event, we have the confines and probability of a great DEAL<\/span> for both countries. Their top TEAM<\/span> is on a plane heading to the U.S., and things are looking good. We are likewise dealing with many other countries, all of whom want to make a deal with the United States. Like with South Korea, we are bringing up other subjects that are not covered by Trade and Tariffs and getting them negotiated also. “ONE STOP SHOPPING<\/span>” is a beautiful and efficient process!!! <\/p>\n

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Overnight, China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs and vowed to take countermeasures to safeguard its own rights and interests. The comments came after Trump said he would impose an additional 50% duty on U.S. imports from China Wednesday, if Beijing does not withdraw the 34% tariff it imposed on American products last week. “The U.S. threat to escalate tariffs on China is a mistake on top of a mistake,” the statement said, according to a CNBC<\/span> translation. “China will never accept it. If the U.S. insists on its own way, China will fight to the end.”<\/p>\n

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The European Union still wants to avoid a trade war with the U.S. despite Donald Trump’s administration’s rejection of the “zero for zero” offer on all industrial goods put forward by Brussels, an EU<\/span> spokesperson told reporters on Tuesday. White House trade adviser Peter Navarro said that the European Union needed to lower its non-tariff barriers, including those created by value-added taxes and food safety regulations, if it wanted to reach a deal.<\/p>\n

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 <\/span><\/p>\n\n\n\n\n\n\n\n\n\n
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Macro<\/span><\/p>\n<\/td>\n

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Up\/Down<\/span><\/p>\n<\/td>\n

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Last<\/span><\/p>\n<\/td>\n<\/tr>\n

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WTI Crude<\/span><\/b><\/p>\n<\/td>\n

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0.91<\/span><\/p>\n<\/td>\n

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61.60<\/span><\/p>\n<\/td>\n<\/tr>\n

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Brent<\/span><\/b><\/p>\n<\/td>\n

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0.64<\/span><\/p>\n<\/td>\n

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64.85<\/span><\/p>\n<\/td>\n<\/tr>\n

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Gold<\/span><\/b><\/p>\n<\/td>\n

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54.80<\/span><\/p>\n<\/td>\n

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3,028.40<\/span><\/p>\n<\/td>\n<\/tr>\n

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EUR\/USD<\/span><\/b><\/p>\n<\/td>\n

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0.0008<\/span><\/p>\n<\/td>\n

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1.0913<\/span><\/p>\n<\/td>\n<\/tr>\n

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JPY\/USD<\/span><\/b><\/p>\n<\/td>\n

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-0.29<\/span><\/p>\n<\/td>\n

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147.56<\/span><\/p>\n<\/td>\n<\/tr>\n

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10-Year Note<\/span><\/b><\/p>\n<\/td>\n

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0.101<\/span><\/p>\n<\/td>\n

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4.258%<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Sector Movers Today<\/p>\n