The Dow Jones industrial average increased more than 1,100 points on Monday.
The S&P 500 also jumped 3.25%, the Nasdaq compound increased almost 4.34%and Russell 2000 increased 3.56%. Technology and retail actions, many of which are strongly exposed to China, led the demonstration.
Tesla won 7%, the apple increased 6%and Amazon jumped 8%. Dell and Best Buy also published strong profits.
After high -risk negotiations on the weekend in Geneva, American tariffs on Chinese products were reduced to 30%from the recent maximums of 145%, while Beijing reduced their reprisal rates on US imports at 10%.
The secretary of the Treasury, Scott Besent, described the conversations as “very productive”, and said that a new round of discussions could take place in the week.
President Trump praised the agreement as a “total restart” or commercial relations between the United States and China, pointing out that a separate rate related to the fentanyl application would remain.
The markets, which have been shaken since Trump’s “day of release day” climbing in April, reacted positively. The Dow has now dropped only 0.32% or 134 points since the beginning of 2025, while Nasdaq has still dropped more than 3%.
The reversal of the tariff will remain in force for 90 days, since both parties pursue a more comprehensive agreement. The United States Treasury said it raised $ 7.6 billion more in tasks last month, which underlines the scale of trade interruption.
Bitcoin retires after the truce, falls below $ 102000
Bitcoin (BTC) fell 2.75% to $ 100,771 as or Monday afternoon, removing almost $ 106,000 reached earlier in the day. Bitcoin is currently quoted about $ 101,900.
The fall followed the news of the aforementioned suspension of temporary rates of the 90-day US-China, which relieved the macro uncertainty, but led merchants to “sell the news” after a monthly demonstration of the minimum of April below $ 75,000.
The decrease suggests that the recent higher performance of Bitcoin can cool as the broader markets such as shares are updated.
