Tech Stocks Surge Following Temporary US-China Tariff Reduction

Reported about 9 hours ago

Tech stocks experienced a significant rally on Monday as the US and China announced a temporary reduction of tariffs for 90 days, providing relief to the market. Shares of the Magnificent Seven, including Tesla, Alphabet, and Apple, saw notable increases, along with chipmakers like Marvell and Broadcom. This positive news comes after a turbulent period for tech stocks triggered by earlier tariff announcements.

Source: YAHOO

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