The US stock markets displayed a mixed yet marginally positive performance on April 9, 2025, with the Nasdaq taking the lead by surging 1.25%. In contrast, global markets experienced a significant downturn due to escalating US-China trade tensions. Simultaneously, the US bond market encountered turmoil, witnessing the 30-year Treasury yield surpassing 5%. The dollar exhibited weakness against other currencies, prompting investors to turn to safer assets like gold, causing its price to rise.