Reported 29 days ago
U.S. stocks surged on Monday following reports that President Trump's upcoming tariffs may be more limited than anticipated, with the S&P 500 rising nearly 1.8%, the Dow Jones increasing by 1.4%, and the Nasdaq gaining around 2.3%. Investors welcomed the news amidst anxiety over a potential trade war, as Trump hinted at offering breaks to numerous countries regarding tariffs set to take effect on April 2, easing fears of mounting inflation and economic slowdown.
Source: YAHOO