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US stock indices opened sharply higher on Monday, with the tech-heavy Nasdaq climbing over 2%, as investors cheered the White House’s move to exempt smartphones and computers from tariffs. At the opening bell, the Dow Jones Industrial Average rose 333.4 points, or 0.83%, to 40,546.15. The S&P 500 rose 78.6 points, or 1.47%, to 5,441.96,…
Asian markets traded higher on Monday after US President Donald Trump announced a pause on tariffs on some consumer electronics. Japan’s stock market indices climbed led by chip-related stocks, while markets in South Korea also traded higher. The Trump administration has exempted consumer electronics such as smartphones, computers, and other electronics from its reciprocal tariffs….
After wild swings in recent trading sessions on Wall Street and global markets, driven by the chaos of US President Donald Trump’s multi-front trade war, investors in the week ahead will closely track the economic developments. The United States and China’sescalating tariff battle has raised fears of an enduring trade war between the world’s two…
