#TradeWarEases

The recent easing of the U.S.-China trade war has led to significant market movements.

The SPDR S&P 500 ETF Trust (SPY) is currently trading at $578.28, up 2.43%. The iShares China Large-Cap ETF (FXI) stands at $35.82, marking a 2.77% increase. Conversely, the SPDR Gold Shares ETF (GLD) has dipped slightly to $299.27, down 2.46%.

These movements reflect investor optimism following the announcement that the U.S. and China have agreed to a 90-day suspension of most tariffs, aiming to foster further negotiations toward a broader trade pact.

While this truce has bolstered equities, especially in the tech and retail sectors, it's important to note that some tariffs, such as those on steel and autos, remain in place. The coming months will be crucial to achieving a comprehensive and lasting resolution.