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Dow Jones comes out 1000 points after Trump announced a new US trading job with China

Dow Jones comes out 1000 points after Trump announced a new US trading job with China

The United States and China agreed to take a break to criminal reciprocal tariffs, bringing rates on levels management.

Monday was one of the strongest days for capital markets in recent memory, thanks to positive tariff news. Dov Jones traded about 42,300 mid-afternoon, increasing 1,078 points or 2.61%. At the same time, the S & P 500 stood at 5,834, increasing 174 points or 3.08%. The technological hereditary had an even better day, trading 18,683, receiving 754 points or 4.21%.

Stocks were depending on US President Donald Trump announced 90 days break Criminal US tariffs in China. During this period, the tariff rate on Chinese goods will be reduced by 145% to 30%. This figure includes 10% basic rates and an additional 20% of tariffs due to the alleged role of Chinese in relation to the fentanyl trade. At the same time, Chinese tariffs on American Robb will be 10%.

Bitcoin and Gold Down, Amazon, Tesla Up

Trump praised the agreement publicly, inviting conversations “Total reset” in trade relations with China. Although the tariff break is not a long-term solution, it suggests that long-term trading talks are progressing in the right direction. It is significant that Trump also stated that he could talk to Chinese President Xi Jinping later this week.

Among individual stocks, some of the largest winners were companies that were most affected by tariffs in China. Amazon rose 8.01%, Apple rose 6.39%, and Tesla has earned 6.48%, and Nvidia climbed 5.12%. All of these companies have significant connections in China.

Stocks also helped with dollar recovery. The dollar index He was 101.94, he rose 1.59%. It is interesting, and gold and bitcoin (BTC) fell after tariff news. The BTC reduced 1.43% in the last 24 hours, trading 102,583 USD, while gold fell 3.10% to $ 3,223,26 per ounce. Bitcoin’s decline in gold on her narrative as a verdier against inflation.

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2025-05-12 21:36:00

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