Dow closes up 1,160 points
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Stocks surge after U.S. and China announce pause on most tariffsDow stocks soared over 1,100 points after the U.S. and China announced they would lower tariffs for 90 days. Meanwhile, President Trump defended his move to accept a potential offer from Qatar to provide a new Air Force One jet.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
US stocks surged on Monday after President Donald Trump’s top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels,
At the opening bell, the Dow Jones surged by 1030 points, the S&P 500 jumped 150 points, and the Nasdaq soared 650 points, after the announcement of a temporary tariff rollback. Over the weekend ...
The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.
U.S. and China agree to roll back tariffs by 115 percentage points. 90-day truce allows further discussions on trade issues. Markets surge as tariff rollback reduces ... Futures for the S&P 500 jumped 2.6% and the Dow Jones Industrial Average was up ...