<ul><li>Tech stocks like Apple Inc., Nvidia Corp., and Microsoft Corp. saw an over 8% surge in their share prices after President Donald Trump announced a temporary reduction in tariffs for all countries, except China.</li><li>The Nasdaq Composite surged around 11%, while the Dow Jones Industrial Average gained over 2,000 points, and the S&P 500 recorded its biggest one-day increase in five years.</li><li>The temporary tariff reduction of 10% for 90 days, as announced by Trump, follows negotiations with representatives from over 75 countries.</li><li>This move comes after a recent decline in stock market indices due to concerns regarding the U.S. tariffs and escalating trade tensions.</li></ul>

Tech stocks surge after Trump temporarily lowers tariffs to 10% for all countries except China

Discover more