Stocks stage $3 trillion reversal to soar 7% after Trump pauses trade war

New York Stock Exchange traders working during the opening bell.JOHANNES EISELE/AFP via Getty ImagesUS stocks soared 7% after President Trump announced a 90-day tariff pause for some countries.The Dow Jones surged more than 2,000 points, while the Nasdaq was up nearly 10% at its intraday peak.While Trump said he would pause tariffs for some countries, he said he planned to increase the China tariff rate to 125%.US stocks soared on Thursday after President Trump announced a 90-day tariff pause fo