The major US stock indices are sharply higher on US/China tariff news. Over the weekend the US slashed tariffs for the next 90-days on China goods from 145% to 30% inclusive of a 20% tariff due to fentanyl. The news led to sharp buying which did not abate. The broader S&P and Nasdaq indices had their 2nd best days going back to 2022.
The final numbers are showing:
Some of the bigger winners today included:
Shopify Inc +13.71%
First Solar +11.07%
Block +9.29%
Lam Research +9.18%
Amazon.com +8.09%
Meta Platforms +7.92%
Arm +7.77%
Micron +7.49%
Papa John’s +7.26%
Gilead +7.12%
FedEx +6.94%
Tesla +6.82%
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about us stocks close sharply higher on us china tariff news was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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