S&P 500 and Bitcoin Soar on Trump's New Tariffs to Bolster Economy

• Trump announces tariffs targeting strategic sectors.
• Bitcoin and cryptocurrencies surge in response to news.
• SP 500 and Nasdaq recover after weeks of decline.

U.S. financial markets were positive on Monday, reflecting investor optimism over news that President Donald Trump's upcoming tariffs could be milder than initially expected. The SP 500 index rose nearly 1,5%, snapping a four-week losing streak. Meanwhile, the Dow Jones Industrial Average rose about 1,2% and the technology-focused Nasdaq Composite led gains with a rise of more than 2%.

Expectations that the new tariffs, scheduled to be unveiled on April 2, will be more targeted to specific sectors and less extensive than feared have calmed market sentiment. That sentiment is fueled by reports from Bloomberg and The Wall Street Journal suggesting a more moderate approach to the new tariff measures.

Meanwhile, the yield on the 10-year U.S. Treasury note rose about four basis points to 4,29%. The rise reflects easing concerns about the impact of these tariffs on economic growth and global trade, which in turn boosted investors’ appetite for risk.

In the cryptocurrency scene, Bitcoin (BTC-USD) saw a significant increase, rising 3% and approaching the $88.500 mark per coin. Other digital currencies, such as ether (ETH-USD), solana (SOL-USD) and cardano (ADA-USD), also saw gains.

During a cabinet meeting, President Trump highlighted the return of companies to the United States and the exceeding expectations of investment levels, a trend reinforced by the policy of imposing tariffs aimed at stimulating the domestic economy. The focus of these tariffs is on strategic sectors such as automobiles, aluminum and pharmaceuticals, aiming to maintain low tax rates and promote a competitive market environment for American companies.