Squawk on the Street

Rebound on Wall Street: Stocks Surge on Tariff Talk Hopes 4/8/25

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David Faber and Jim Cramer delved into a strong rebound for stocks after a big three-day broader market sell-off. Positive sentiment sparked by hopes for tariff negotiations between the U.S. and its trading partners. What should investors do now?  Also in focus: President Trump posted on social media about a potential trade deal with South Korea, China vows to "fight to the end" in its tariff battle against the U.S., Treasury Secretary Scott Bessent's comments to CNBC about China's "big mistake," the 10-year note yield jumps above 4.2%, shares of health insurers surge on Medicare payment rate hikes, Apple reportedly plans to source more iPhones from India in wake of China tariffs.

 

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