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

  • U.S. stocks surged after the U.S. and China agreed to temporary tariff cuts following negotiations in Switzerland.
  • The Dow Jones Industrial Average jumped 1035 points, the S&P 500 climbed 2.7%, and the Nasdaq Composite rose 3.5%.
  • Apple saw a 6.0% surge in its stock price, with other companies like Best Buy, Dell Technologies, and Amazon also experiencing gains.
  • Despite the positive market response, experts caution that volatility may persist, but the trade tensions seem to have eased temporarily.

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