Dow surges more than 1,000 points after U.S. and China agree to temporary tariff cuts

MacDailyNews
May 12, 2025, 11:00 am227 pts
U.S. stocks rallied Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland. The Dow Jones Industrial Average surged 1035 points, or 2.5%. The S&P 500 popped 2.7%, and the Nasdaq Composite rose 3.5%. Apple (AAPL) surged 6.0%, up $12.20, to…

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