Wall Street Reacts Positively to US-China Tariff Pause

A deal between the United States and China has triggered a surge of optimism in Wall Street, sending major stock indices soaring. The agreement’s provisions, including a 90-day pause on tariffs and a significant reduction in reciprocal tariffs, have created an environment of renewed confidence for investors. This shift is evident in the pre-market performance of leading companies, as Tesla, Amazon, Apple, Meta all saw substantial gains. The tech sector particularly benefited, with NVIDIA and AMD posting notable percentage increases. Notably, shares of semiconductor giants such as Taiwan Semiconductor and Apple have seen positive movement.