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Fortune
Fortune
Eleanor Pringle

'Nobody’s ever heard of it. It’s gonna be a record': Donald Trump is claiming victory for the stock market’s rebound

President Donald Trump at the White House on April 09, 2025 in Washington, DC. (Credit: Anna Moneymaker - Getty Images)
  • President Trump’s 90-day pause on aggressive tariff policies triggered a market rebound, allowing him to claim credit for what he called the “biggest day in financial history,” despite markets not fully recovering from earlier losses. Critics argue the policy flip-flop highlights erratic leadership, with analysts noting the market rebound was more a reaction to previous economic damage than a validation of Trump’s strategy.

President Trump is back to talking about the markets, accepting thanks for a boost seen over the past 12 hours having announced a 90-day pause on certain tariff policies.

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