In early Thursday trading in Tokyo, Japan, the Nikkei 225 index surged by 7.4% to 34,052.58, following President Donald Trump's announcement of a temporary halt on most tariffs. This positive response was aligned with the strong performance of the Wall Street market the previous day, with the S&P 500 increasing by 9.5%. Initially, global markets had seen losses following the tariff announcements. Trump's decision to pause many tariffs temporarily led to a significant boost in U.S. stocks, as concerns about a potential global economic recession eased. While the trade war remains ongoing, with exceptions like increased tariffs on Chinese products, investors are optimistic about the temporary pause on reciprocal tariffs with major trading partners. Market analysts anticipate possible future market fluctuations due to the unresolved trade tensions between the U.S. and China. Despite this, on Wednesday, Wall Street experienced significant gains, with the Dow Jones Industrial Average rising by 2,962 points (7.9%), the Nasdaq composite surging by 12.2%, and the S&P 500 recording its third-best performance since 1940.