China, MU Stock and Smoot–Hawley Tariff Act
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The Chinese e-commerce company reported a quarterly net income of $1.8 billion, as revenue rose 16% from a year ago to $41.5 billion.
US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,
Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s escalating tariff policy.
Boeing’ stock rallies toward a 14-month high as trade deal with China fuels hope of new orders and deliveries announcements.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
Most tech stocks are surging today after a shocking announcement from China took the market by storm this morning. Even after several strong earnings reports over the past two weeks, many prominent companies have struggled as tariffs levied by President Donald Trump sparked retaliation from trade partners,
Shares of Target rallied on Monday after the U.S. and China agreed to a temporary pullback in their tariff brinkmanship. But even without global trade anxieties, the big-box retailer faces plenty of difficulties,
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.