Wall Street surges as US and China ease off on tariffs - RTHK
    • facebook
A A A
Temperature Humidity
News Archive Can search within past 12 months
  • Home

Wall Street surges as US and China ease off on tariffs

2025-05-13 HKT 05:40
Share this story facebook
  • All three of Wall Street's major indices jumped after Washington and Beijing cut heavy tariffs for 90 days. Photo: AFP
    All three of Wall Street's major indices jumped after Washington and Beijing cut heavy tariffs for 90 days. Photo: AFP
Wall Street stocks finished solidly higher on Monday, cheering an announcement that the United States and China sharply de-escalated a trade war that has rattled global markets.

The Dow Jones Industrial Average jumped 2.8 percent to close at 42,410.10.

The broad-based S&P 500 rallied 3.3 percent to 5,844.19, while the tech-rich Nasdaq Composite Index rocketed 4.4 percent to 18,708.34. (AFP)

Wall Street surges as US and China ease off on tariffs