US Stocks Surge on Tariff Deal, Soft Inflation
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US stocks rallied for a fourth straight session, boosted by a temporary US-China tariff reduction and falling Treasury yields. The S&P 500 rose 0.41% to 5,916.93, the Dow gained 0.65% to 42,322.75, while the Nasdaq dipped 0.18% to 19,112.32. Tech giants led the gains. Positive sentiment follows recent US-China talks, although concerns remain. Foot Locker surged on a takeover bid, while UnitedHealth dropped on a reported Justice Department probe. Soft inflation data, including a decline in wholesale prices, further contributed to the market's positive movement.
US stocks rallied for a fourth straight session, boosted by a temporary US-China tariff reduction and falling Treasury yields. The S&P 500 rose 0.41% to 5,916.93, the Dow gained 0.65% to 42,322.75, while the Nasdaq dipped 0.18% to 19,112.32. Tech giants led the gains. Positive sentiment follows recent US-China talks, although concerns remain. Foot Locker surged on a takeover bid, while UnitedHealth dropped on a reported Justice Department probe. Soft inflation data, including a decline in wholesale prices, further contributed to the market's positive movement.
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