Dow, China and S&P 500
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The Dow surges 1,000 points and the Nasdaq soars as the U.S. and China call a trade war truceU.S. stocks soared Monday morning after Washington and Beijing struck a surprise deal to dramatically cut tariffs ... new tariffs and sharp rollbacks on existing duties — moves that sent futures skyrocketing in trading before the bell. The Dow Jones ...
Markets around the world jumped after the U.S. and China agreed to slash tariffs on each other's goods, reassuring investors about the prospects
Global shares rally, while gold and safe-haven currencies slump against a resurgent dollar as the US and China agreed to temporarily slash harsh reciprocal tariffs and cooperate to avoid rupturing the global economy.
Stocks popped in early trading Monday after the United States and China agreed to dramatically lower tariffs for 90 days. The S&P 500 surged 2.8 percent, the Dow Jones Industrial Average jumped 2.3 percent,
The Dow Jones Industrial Average closed up 1,160 points, or 2.8%, while the S &P 500 jumped 3.2%. The tech-heavy Nasdaq increased 4.3%. Facebook parent Meta and Amazon each climbed about 8%. Starbucks increased more than 6%.
Amazon.com shares are surging in response to the U.S. and China temporarily rolling back tariffs. Amazon’s stock was up about 8% Monday, trading at more than $208 a share. The positive response is a reprieve after investor concern loomed over the company,
The suspension of tariffs is pushing US importers to front-load orders from China, with shipping lines predicting an earlier-than-expected peak cargo season
WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
U.S. stock index futures slipped on Thursday as a rally fueled by the U.S.-China tariff truce appeared to ease, while UnitedHealth fell after a report of a DoJ investigation into the health insurer.
NEW YORK (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.