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Stock Markets Rally on US-China Trade Truce, Tech Stocks Lead Gains

Stock Markets Rally on US-China Trade Truce, Tech Stocks Lead Gains

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-14 12:38:02
0

Global equities surged as the US and China agreed to a 90-day tariff ceasefire, sparking a risk-on rally across Wall Street. The S&P 500 erased its yearly losses while the Nasdaq Composite extended its winning streak to five sessions.

NVIDIA soared 5% following reports of a major AI chip shipment to Saudi Arabia, highlighting the semiconductor sector’s outsized gains. Apple similarly benefited from renewed appetite for tech exposure after weeks of trade war-driven selloffs.

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