US-China Trade Truce Sparks Stock Market Surge

Reported about 8 hours ago

U.S. stock markets are experiencing a significant boost following a trade truce between the U.S. and China, with major indices like the Nasdaq rising nearly 4%. Tech and consumer discretionary sectors are leading the charge, while defensive sectors are lagging behind. Analysts report a decrease in market volatility and a strengthening U.S. dollar, indicating increased risk appetite among investors.

Source: YAHOO

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