Reported 28 days ago
The Dow Jones Industrial Average rose by 342 points (0.7%) after President Trump signed a reciprocal tariff plan aimed at countering foreign tariffs on U.S. goods. Despite ongoing inflation concerns, positive labor market data helped sustain market momentum, while tech stocks saw significant gains, particularly Intel, which surged over 8%. Additionally, Tesla's stock price increased following reports of a potential armored vehicle contract with the Trump administration.
Source: YAHOO