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A 30-minute rollercoaster on Wall Street

By MINLU ZHANG | chinadaily.com.cn | Updated: 2025-04-09 08:13
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A false rumor about Trump suspending tariffs sent markets surging on Monday — $3 trillion added in 8 minutes. Then came the denial, and $2.5 trillion vanished just as fast. In total, $6 trillion in market value swung in half an hour. The biggest intraday shock since the 2010 flash crash.

China Daily was on the ground in Wall Street. How are market insiders making sense of the chaos?

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