Tech stocks look set to jump as U.S. and China pause reciprocal tariffs | TechCrunch

Image for article Tech stocks look set to jump as U.S. and China pause reciprocal tariffs | TechCrunch
News Source : TechCrunch

News Summary

  • U
  • S
  • and China agree to temporarily cut reciprocal tariffs for 90 days
  • Tech stocks jumped before the bell, with Chinese exporters Temu and Alibaba’s stocks on the Nasdaq up nearly 9% in pre-market trading
  • Apple, Amazon, Tesla, Nvidia, AMD, and Meta, were all up 5% to 6% pre- market
U.S. tech stocks, along with the broader stock markets, seemed ready to start the day with a high, as the United States and China on Monday agreed to temporarily cut reciprocal tariffs for 90 days. [+727 chars]

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