The stock market experienced a significant surge on Monday, boosted by optimistic news surrounding the US-China trade negotiations. The Dow Jones Industrial Average jumped more than 1,100 points, while the S&P 500 and Nasdaq Composite also saw substantial gains. Tech and retail stocks, which were particularly affected by tariffs, led this rally. Tesla, Apple, and Amazon witnessed strong stock movements, reflecting investor confidence in these sectors. Notably, the U.S. reduced tariffs on Chinese goods from recent highs to 30%, while China lowered retaliatory tariffs. These concessions are part of a deal negotiated over the weekend in Geneva. The positive impact was reflected in the markets, where the Dow is now down only 0.32% and the Nasdaq remains down more than 3%. The US Treasury reported collecting an additional $7.6 billion in duties last month, highlighting the scale of trade disruption, while Bitcoin briefly fell below $102,000 following the deal.