On April 9, 2025, the US stock markets displayed a mixed but slightly positive performance, with the Nasdaq leading the way with a 1.25% increase. However, global markets experienced a significant decline due to escalating US-China trade tensions. The US bond market encountered turmoil, leading to the 30-year Treasury yield surpassing 5%. Simultaneously, the dollar depreciated, prompting investors to turn to safer assets like gold. The shift in market dynamics reflects the growing concerns surrounding geopolitical uncertainties impacting financial markets worldwide.