UNITED STATES—On April 9, President Trump announced a 90-day pause in trade tariffs for all countries willing to negotiate, not including China, resulting in the largest trade rally since 2008. China will pay 145 percent in tariffs as they refuse to work with President Trump on reciprocal tariffs. President Trump ends decades-old trade policies leveling the playing field, and trading debt for profit.
The following report came directly from MarketWatch:
DJIA
DJIA (Dow Jones Global)
39371.07-1237.38-3.05%
S&P 500
SPX (S&P US)
5248.47-208.43-3.82%
Nasdaq
COMP (Nasdaq)
16326.92-798.05-4.66%
Cboe Volatility Index
VIX (Cboe Indices)
44.8711.2533.46%
U.S. 10 Yr
BX: TMUBMUSD10Y (XTUP)
4.379%0.023
U.S. Dollar Index (DXY)
DXY (U.S.: ICE Futures U.S.)
100.91-1.99-1.94%
CoinDesk Bitcoin Price Index (XBX)
BTCUSD (CoinDesk Indices)
79513.15-2776.57-3.37%
Gold Continuous Contract
GC00 (NYM)
$3179.60 USD100.203.25%
Crude Oil
CL.1 (NYM)
$60.06 USD-2.29
The following information came directly from Investopedia:
National Mortgage Rate Averages
“Rates on 30-year-new-purchase-mortgages surged 8 basis points Tuesday to a new 6.93% average—bringing the average to a two-month high. Earlier this month, however, 30-year rates sank to 6.50%, their cheapest average of 2025.
Back in September 30-year rates plunged to a two-year low of 5.89%. But they then surged as high as 7.13% by January, before recently easing lower.”
On April 9, Forbes also reported an uptick in Mortgage rates. The full report may be found on their website.
“The current-average-mortgage-rate on a 30-year fixed mortgage is 6.81%, compared to 6.6% a week earlier, according to the Mortgage Research Center.
For borrowers who want a shorter mortgage, the average rate on a 15-year fixed mortgage is 5.76%, up 0.11 percentage point from the previous week.”
The Council of Economic Advisor’s Chair, Stephen Miran made the following remarks:
“That core inflation print, on an annual basis, was the lowest core inflation print since March of 2021, so President Trump’s policies are working at keeping inflation at bay, keeping inflation down. Between that and what’s going on with trade — America is back.”
