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Markets Waver as Trump Extends China Tariff Deadline; Tech Stocks Outperform
Markets Waver as Trump Extends China Tariff Deadline; Tech Stocks Outperform
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BTCCSquare news:
U.S. equities fluctuated as President TRUMP granted a 90-day extension on impending tariffs against Chinese goods, delaying economic friction between the world's largest economies. The Dow Jones Industrial Average dipped 0.4%, while the S&P 500 and Nasdaq Composite pared earlier gains to trade marginally lower.
Tech stocks remained resilient amid tariff uncertainty. Apple surged to its best weekly performance since 2020 following its White House showcase, while Nvidia hit record highs after signals of potential exemptions from semiconductor levies. Market participants now turn their attention to upcoming inflation data and geopolitical developments.
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