US EditionStocks soar after US, China strike trade truce
- On May 12, 2025, the United States and China announced a temporary 90-day agreement to ease their trade conflict by lowering most tariffs beginning May 14.
- The truce followed two days of negotiations in Geneva aimed at easing a tariff crisis that threatened global economic stability.
- Following the deal, US stocks rose sharply with the Dow gaining 957 points and retail and apparel companies experiencing some of the biggest jumps.
- An analyst called the talks a “best case scenario,” while Treasury yields jumped amid expectations of fewer Federal Reserve interest rate cuts this year.
- The tariff reduction and eased trade tensions suggest a potential boost to the US and global economy, although challenges remain and the truce is temporary.
199 Articles
199 Articles
How major US stock indexes fared Monday, 5/12/2025
U.S. stocks leapt after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%. Hopes…
Wall Street Surge as U.S.-China Trade Tensions Ease
Wall Street Surge as U.S.-China Trade Tensions Ease The S&P 500 surged over 3% on Monday, reaching its highest level since early March, as hopes for eased global trade tensions arose from a temporary U.S.-China agreement to reduce tariffs. Both countries announced a 90-day reduction in steep tariffs, prompting investors to pivot towards riskier assets.While market sentiment improved, experts warned of potential complications. Chris Brigati of SW…
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