On Wednesday local time, President Trump announced a 90-day suspension of the imposition of high tariffs. When the government signals an "off-ramp", the market typically interprets it as a positive development, which may indicate a shift in market sentiment. This news has triggered a shift in the global markets from panic to jubilation.
The three major U.S. stock indexes soared, with $Dow Jones Industrial Average (.DJI.US)$closing up 7...