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Stock market today: Dow jumps 1,100 points, S&P 500 and Nasdaq surge after US-China tariff rollback triggers buying spree
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,
Dow gains 1,000 points after U.S. and China agree to slash tariffs for 90 days
The S&P 500 rose 157 points, or 2.8%, to 5,817 as of 10:17 EST, while the Dow Jones Industrial Average added 1,041 points or 2.5% to 42,291. The Nasdaq Composite gained 3.7%, indicating a sigh of relief from tech companies as the steep Chinese tariffs threatened to upend their supply chains resulting in substantial price hikes for consumers.
8hon MSN
All told, the S&P 500 rose 184.28 points to 5,844.19. The Dow Jones Industrial Average gained 1,160.72 to 42,410.10, and the ...
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