Stocks surge after US & China pause tariffs | LiveNOW from FOX
May 12, 2025
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7:49Now PlayingStocks surge after US & China pause tariffs | LiveNOW from FOX
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as posted by the channelU.S. stocks surged Monday after the U.S. and China agreed to slash tariffs on each other's goods for 90 days. The Dow Jones Industrial Average rose 1,160.72 points, or 2.81%. The S&P 500 climbed 3.26% and the Nasdaq Composite rose 4.35%. The agreement restarts stalled trade between the world's two largest economies. President Donald Trump's reciprocal tariff on China will fall to 10%.
MarketWatch's Joy Wiltermuth joins LiveNOW's Andy Mac to discuss.
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