Dow Jones soars 1,000 points at open, Nasdaq surges 3%, S&P 2% on US, China tariff truce
- Posted on May 12, 2025
- By Business News Today
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Dow Jones soars 1,000 points at open, Nasdaq surges 3%, S&P 2% on US, China tariff truce
Wall Street's main indexes opened sharply higher on Monday as the United States and China reached a deal to reduce tariffs, signaling a truce in a punishing trade war that had kept markets on edge for weeks.
