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News in English (USA) / 13.05.2025 / 04:00

US-China Trade Truce Sparks Major Stock Market Rally

The U.S. and China have agreed to suspend tariffs for 90 days, leading to a significant surge in stock markets. The Dow Jones gained over 1,100 points, and the S&P 500 rose more than 3%, marking one of the largest jumps in recent years. This development has revived optimism among investors, with major tech stocks such as Apple, Nvidia, and Tesla experiencing substantial gains. Analysts note that the tariff pause may indicate an easing of tensions in the ongoing trade war, potentially improving the economic outlook and lowering recession risks. The market reacted enthusiastically, with futures indicating a positive trend following this trade agreement.
The Washington Post, CNN, CNBC, The New York Times, BBC, NBC News, "Investors Business Daily", KCCI, Yahoo Finance, Bloomberg