Trade negotiations boost sentiment, U.S. stocks open higher
On May 12, Jinshi Data reported that the three major U.S. stock indices opened sharply higher, with the Dow Jones up 2.6%, the S&P 500 up nearly 3%, and the Nasdaq up 4%. Apple (AAPL.O) rose 5.8%, with news that it is considering raising the price of its new iPhone models in the fall. Tesla (TSLA.O) rose 6.9%, and Nvidia (NVDA.O) rose 5.1%. Pharmaceutical stocks opened lower, with Eli Lilly (LLY.N) down 0.9% and Novo Nordisk (NVO.N) down 2.4%.
