Markets Surge After US, China Agree to Slash Tariffs
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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,
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US stock markets surge, Bitcoin surpasses $100K as Trump tells Americans to “buy stocks now”US markets jumped on Thursday after President Donald Trump confirmed a new trade deal framework between the United States and the United Kingdom, calling it the beginning of what he said would be an economic boom.
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Stock Market Today: All You Need To Know Going Into Trade On May 14Asian stocks saw muted trade as investors sought clarity following a US market surge that erased year-to-date losses, fueled by indications of receding trade tensions and milder-than-anticipated US inflation data.
US stock futures shot higher on Monday in the wake ... noting that the recent surge in bearish sentiment among investors has more room to flip positive. US tech stocks rallied across the board ...
This unexpected rise in crude inventories implies a weaker demand, which is a bearish indicator for crude prices. The API’s report is a key indicator of US petroleum demand, and the figures show how much oil and product is available in storage.
The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The lowered tariffs will remain in place for 90 days while the two sides negotiate a wider trade deal.
Grasim Industries is nearly at its 52-week high, trading at ₹2,738. The recent market surge, influenced by geopolitical developments and trade agreements, has lifted investor sentiment, with several stocks nearing their highs.
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