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Machinery Stocks Surge As US–China Tariff Truce Eases Trade Pressures: What's Going On?
benzinga.com/trading-ideas/movers/25/05/45358732/machinery-stocks-surge-as-us-china-tariff-truce-eases-trade-pressures-whats-going-on
Zinger Key Points
- Machinery stocks like AGCO, Caterpillar, and Cummins surged after the U.S. and China agreed to a 90-day tariff rollback.
- The truce is expected to ease supply chain disruptions and lower inflation risks for industrial goods.
- Get our list of 10 overlooked…
This story appeared on benzinga.com, 2025-05-12 19:53:12.