Dow Jones Today: Stocks Surge After US-China Agreement on Tariffs; Dow Jumps Nearly 1,200 Points as Amazon, Apple, Nike Soar
Monday, 12 May 2025 () Stocks surged on Monday after the U.S. and China agreed to slash tariffs on one another for 90 days while the two sides work toward a broader trade agreement. The Dow Jones Industrial Average rose 2.8%, or nearly 1,200 points, while the S&P 500 and tech-heavy Nasdaq Composite jumped 3.3% and 4.4%,…
Former President Donald Trump rolled back an Obama-Biden era rule limiting showerheads to 2.5 gallons per minute, calling the regulation “ridiculous.” During his White House tenure, Trump joked..
A temporary rally gave Wall Street hope early Tuesday, but it didn’t last. The Dow closed down 320 points, capping a nearly 5,000-point loss over four sessions as Trump’s new 104% tariff on China..
Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports. At one point, losses..