<ul><li>Apple stock moved strongly higher on Monday after President Trump announced exemption of tariffs on certain electronic products.</li><li>The stock spiked more than 7% before settling about 2% higher, while the broader stock market saw gains erased.</li><li>Key tech products, including chipmaking equipment, computers, and smartphones, will be exempt from aggressive tariffs on China.</li><li>Major stock indexes are seeking direction after their best week since 2023, and bond markets rallied while the dollar continued to trade near a three-year low.</li></ul>

Apple is the big stock winner after Trump's carve-out for electronic products

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