Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Wall Street stocks soar on US-China tariff reprieve
Economy

Wall Street stocks soar on US-China tariff reprieve

Last updated: May 12, 2025 8:05 pm
Share
Wall Street stocks soar on US-China tariff reprieve
SHARE

US equities saw a significant surge on Monday as investors reacted to the recent tariff agreement between the US and China. The agreement signaled a positive shift in the ongoing trade war, boosting confidence in the market. The S&P 500 closed 3.3% higher, while the Nasdaq Composite ended the day up 4.3%. The dollar also experienced a 1.5% increase against a basket of six major currencies, marking its largest daily rise since President Trump’s election in November.

In Asia, Japan’s Topix index rose 1.4% early Tuesday, with the yen strengthening by 0.3% following a sharp sell-off the previous day. Ajay Rajadhyaksha, global chair of research at Barclays, noted that the agreement signified a move past the peak tariffs, providing a sense of relief to investors. The US and China announced that they would reduce tariffs for the next 90 days, with US tariffs dropping to 30% and Chinese tariffs to 10%.

The negotiations between the two economic giants marked a significant de-escalation in Trump’s tariff offensive, which had previously rattled the markets. The S&P 500 had experienced a 15% decline following Trump’s tariff announcement last month but has now erased those losses, down only 0.6% for the year. The Nasdaq has also made a strong recovery, surging 27% from its recent low and is now only 3.1% lower for the year.

With the US-China deal in place, concerns about a potential recession have eased. Goldman Sachs revised its prediction of a recession probability from 45% down to 35%. The agreement has brought some stability to the markets, with traders adjusting their expectations and pulling back on recession bets. Treasury yields rose as a result, indicating a more positive outlook on economic growth.

See also  Reclaiming Palestinian Beauty, One Wall Label at a Time

Tech stocks and consumer goods companies were among the biggest winners as US stocks rallied on Monday. The Philadelphia Semiconductor index saw a 7% jump, with retailers like Target and Home Depot also posting significant gains. Despite the positive momentum, analysts warn that challenges still lie ahead, with potential sector-specific tariffs expected in the near future.

While the market has responded positively to the tariff agreement, uncertainty still lingers. Companies continue to navigate supply chain disruptions and investment decisions amid ongoing trade tensions. The road ahead remains uncertain, and investors are advised to proceed with caution as the situation continues to evolve.

TAGGED:reprievesoarstocksStreetTariffUSChinaWall
Share This Article
Twitter Email Copy Link Print
Previous Article Migraine drug that treats headache also eases symptoms like dizziness Migraine drug that treats headache also eases symptoms like dizziness
Next Article Zara Tindall Reacts to Royal Family Rift: ‘Very Hard to See’ Zara Tindall Reacts to Royal Family Rift: ‘Very Hard to See’
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

The Unfathomable Loss of Artistic Heritage in Altadena

Los Angeles County has been ravaged by unprecedented wildfires, leaving a trail of destruction in…

January 15, 2025

A Detailed Guide to Enterprise Application Modernization

Enterprise application modernization is a critical process for businesses looking to upgrade their legacy systems,…

October 11, 2024

How to Watch Sex and the City Reboot Online Free

The highly anticipated third season of the "Sex and the City" reboot has finally made…

May 30, 2025

Alec Baldwin Diagnosed with PTSD After ‘Rust’ Shooting Tragedy

The Baldwin family is opening up about the struggles they have faced in the past…

February 21, 2025

7 Things to Remember When Building Your Career

Rising in any career — as well as in life — takes determination, perseverance, and…

August 26, 2024

You Might Also Like

Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating
Economy

Jefferies Raises BP Price Target to 420 GBp, Maintains Hold Rating

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?