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The United States equity market regained its stride on Monday, recovering close to two trillion dollars in capitalisation after Washington and Beijing announced a 90-day rollback of the steep tariffs rattling investors for weeks. The S&P 500 climbed 2.53# to 5,804, the Dow Jones Industrial Average advanced 2.51%, and the tech-heavy Nasdaq Composite surged 4.1%, a rally analysts said restored much of the value erased by April’s tariff shock. Rough estimates based on current index capitalisations suggest the single-day jump added just over two trillion dollars to listed US companies. Tariff truce in detail Under the Geneva accord, the United States will cut the “reciprocal” tariff it imposed on Chinese imports last month from 145% to 30% for the next three months, while China will trim its duties to 10% from 125%. Both sides framed the pause as breathing space to pursue a fuller agreement and launched a new economic dialogue to hammer out longer-term terms. Although...

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There has been no shortage of caution for investors as geopolitical tensions reach a fever pitch. Yet, on Tuesday, US stocks had gained and gold reached a new record high as the imposed tariffs from President Donald Trump continued to dictate the market. The finance market in the United States has been driven by ongoing pressure from the current administration’s economic policy. With 25% tariffs on Mexico, Canada, and China being delayed a month, Wall Street bounced back slightly. However, the ongoing worries derived from these tensions have driven gold as a key haven asset amid burgeoning concerns and volatility. Source: Watcher Guru Also Read: Google, Nvidia, & Intel Face Chinese Probe as US Tensions Rise Geopolitical Worries Drive US Stocks and Gold as Market Continues to Face Uncertainty The stock market has continued to operate in a state of growing volatility. Recent political developments have greatly impacted companies like Tesla (TSLA), with incoming tariffs threatening s...