$ETH

Market Immediate Reaction: US Stocks Surge

The news of tariff suspension has directly alleviated market concerns about the escalation of the trade war, leading to a collective surge in the three major US stock indices. The Nasdaq index saw a daily increase of 12%, marking the largest single-day gain since 2001. The S&P 500 index rose by 9.52%, while the Dow Jones Industrial Average soared nearly 3000 points. Technology stocks emerged as the biggest beneficiaries, with Apple (AAPL.US) experiencing a market value increase of $397 billion in one day, and Tesla (TSLA.US) seeing a price increase of 22%. The market believes that this move may secure tariff exemptions or negotiation windows for companies reliant on global supply chains (such as Apple), thereby alleviating cost pressures.