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US Stocks Rally as Trump Delays EU Tariffs, Boosting Market Sentiment

US Stocks Rally as Trump Delays EU Tariffs, Boosting Market Sentiment

Published:
2025-05-27 20:33:02
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U.S. equities surged Tuesday as President Donald Trump deferred planned tariffs on European Union imports, injecting Optimism into global markets. The Dow Jones Industrial Average rallied 740 points, while the S&P 500 and Nasdaq Composite gained 2.05% and 2.46% respectively. Tech giants Nvidia, Tesla, and Apple led the charge.

The tariff delay until July 9 follows discussions with European Commission President Ursula von der Leyen, with the EU committing to accelerated trade talks. Market participants interpreted the development as reducing near-term geopolitical risk, fueling a broad-based risk-on MOVE across asset classes.

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