#TradeWarEases Key Details of the Agreement

Tariff Reductions:

Duration:

Market Impact: The announcement led to a surge in global markets. The Dow Jones Industrial Average rose by 1,160 points (2.8%), the S&P 500 gained 3.3%, and the Nasdaq increased by 4.4%.

Sector Reactions: Consumer discretionary stocks, including companies like Apple and Amazon, experienced significant gains.

Currency and Commodities: The U.S. dollar strengthened, and gold prices fell by $115, reflecting decreased demand for safe-haven assets.