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US Stocks Rebound as Traders Cover Shorts Ahead of Trump Tariffs

Markets

Jess Menton

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April 2, 2025

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Bloomberg

US stocks recovered to notch their best day in more than a week after swinging wildly ahead of President Donald Trump’s tariff announcement, with on-edge traders short-covering their bets and piling into some of the riskiest nooks of the market.

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