Dow gains 1,000 points
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The S&P 500, which plummeted as much as 12% in the days following the "Liberation Day" tariff announcement, is now up over 3% since.
U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland.
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Investor's Business Daily on MSNDow Jones Futures Surge As U.S., China Slash Tariffs; Tesla, Palantir, Alibaba JumpFutures surged as the U.S. and China will slash tariffs more than hoped after trade talks. Tesla, Palantir, Alibaba are in focus.
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,
U.S. stocks suffered steep losses and unusually high market swings after Trump announced tariffs targeting several American trade partners on April 2.
Dow industrials slip, Treasury yields creep higher and bitcoin rallies
It felt much longer, but the U.S. stock market needed just a few weeks to roar all the way back to where it was on President Donald Trump’s “Liberation Day.”