Pre-Market Report – Thursday 10 April: US markets soar on Trump backflip | Dow up 8%, SPI up 6.6%

 The S&P 500 skyrocketed 9.52% to settle at 5,456.90 for its biggest one-day gain since 2008. For the broad market index, it was the third-biggest gain in post-WWII history. The Dow Jones Industrial Average advanced 2,962.86 points, or 7.87%, to close at 40,608.45 for its biggest percentage advance since March 2020. The Nasdaq Composite jumped 12.16% to end at 17,124.97, notching its largest one-day jump since January 2001 and second-best day ever. 

SPI up 490 points - Resources rally hard overseas - Gold jumps 3%

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