Finbold·2025-04-10 10:48Core Viewpoint - President Trump's announcement of a 90-day tariff pause led to a significant reaction in the stock market, with universal tariffs of 10% planned for all imports, and higher rates for specific trading partners like China [1][2]. Group 1: Market Reaction - The S&P 500 index experienced an immediate increase of approximately 280 points, closing at 5,456, which is 474 points higher than the previous day but still 3.77% below levels from April 2 and down 7.22% year-to-date [2]. Group 2: Company-Specific Impacts - Microchip Technology (NASDAQ: MCHP): The stock surged by 27.76%, rising from $35.34 to $45.15 following the tariff pause, providing a positive catalyst despite existing challenges like high inventory and debt [4][6]. - United Airlines (NASDAQ: UAL): Shares increased from $57.68 to $70.53, marking a 22.28% rally, although the stock remains down 28.50% year-to-date due to ongoing geopolitical conflicts and supply chain risks [8][11]. - Advanced Micro Devices (NASDAQ: AMD): The stock rose from $79.36 to $96.21, reflecting a 21.23% increase, although this surge is seen as a correction after a previous decline, with the stock remaining a value play for the time being [12][14].