Market Rallies on False Tariff Rumors: What Next?

Investor sentiment surged following rumors of a potential 90-day tariff pause announced by President Trump’s administration. This speculation, stemming from an anonymous social media post and later debunked as false, triggered significant market volatility, with indices like the S&P 500 and Nasdaq seeing substantial gains while Bitcoin also spiked. Despite the subsequent withdrawal of the claim, the episode highlights the profound impact even fleeting rumors can have on financial markets.