The Globe and Mail reports in its Thursday edition that American stock markets rebounded Wednesday in one of their most furious rallies on record, as investors reacted with euphoria to news that U.S. President Donald Trump has implemented a 90-day pause on many of the tariffs slapped on trading partners. The Globe's Darcy Keith writes that the monster rally saw the S&P 500 closing up 9.5 per cent, Nasdaq gaining 12.1 per cent and the Dow up 7.8 per cent -- its largest point gain in history. All 11 of the S&P 500's major industry indexes finished higher, with technology adding 14.15 per cent. Nvidia added 18.7 per cent and Apple rose 15.3 per cent. The S&P/TSX composite ended up 1,220.13 at 23,727.03, or 5.4 per cent. As on Wall Street, some of the biggest advancers were stocks that had fallen the most in recent sessions. Toronto's tech sector rose 10.8 per cent, with Shopify jumping 17.5 per cent. Energy rallied 8.5 per cent as the price of oil rebounded from a four-year low to settle at $62.35 (U.S.) a barrel. The materials group added 6.6 per cent as gold and copper prices climbed. Shares of clothing retailer Aritzia ended 18.6 per cent higher, extending its recovery from a 10-month low on Friday.