Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war

What triggered the US-China tariff truce? How will Trump's drug price order affect pharma? Why is McDonald’s hiring 375,000 workers now? What impact will Nasdaq 100 addition have on Shopify? How did the US-China trade deal affect markets? Why is Trump accepting a luxury jet from Qatar? What caused Hertz’s wider loss and declining sales? How are tariffs influencing US automobile prices? Why are independent pharmacists warning of price hikes?

Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war

pbs.org/newshour/economy/dow-leaps-1100-points-following-a-90-day-truce-in-the-u-s-china-trade-war

U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%.

This story appeared on pbs.org, 2025-05-12 20:54:45.