US markets show modest gains as S&P 500, Nasdaq lead rally amid trade war tensions
US stock markets showed mixed but slightly positive performance on April 9, 2025, with the Nasdaq leading, up 1.25%. Meanwhile, global markets declined sharply as US-China trade tensions escalated. The US bond market faced turmoil, and the 30-year Treasury yield surpassed 5%. The dollar weakened, while gold rose, as investors sought safer assets.
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