
The Dow Jones Industrial Average surged by over 7% on April 9, 2025, following statements made by former President Donald Trump, marking its largest gain in five years. This rise came after four consecutive sessions of declines. Concurrently, the Nasdaq Composite Index also experienced a notable increase, closing up 12.4%. In the oil market, Brent crude prices increased by 5% to approximately $66 per barrel, while West Texas Intermediate (WTI) crude oil settled at $62.35 per barrel, up $2.77 or 4.65%. However, by April 10, oil prices saw a decline, with Brent futures dropping to $64.29 per barrel and WTI futures falling to $61.30 per barrel. The U.S. stock market opened lower on April 10, with the Dow Jones and S&P 500 indices down by 1.5% and 2%, respectively, while the Nasdaq fell by about 3%. The overall sentiment indicated a volatile trading environment following the previous day's gains.
