<ul><li>U.S. stocks surged on Tuesday after President Trump eased his stance on imposing steep tariffs against the EU, reinstating a July 9th deadline for negotiations.</li><li>Trump's decision to back off the threat of 50% tariffs on EU imports led to a positive market response, with Asian and European markets also showing mixed movements.</li><li>Most top companies like Apple, Alphabet, and Tesla saw significant gains in premarket trading, with Apple up nearly 2%, Alphabet rising 2%, and Tesla climbing 2.7%.</li><li>Trump Media & Technology Group surged 10.3% on reports of plans to raise around $3 billion for investments in cryptocurrencies like bitcoin, while Nvidia, a major chipmaker, saw a 2.6% rise.</li></ul>

U.S. stocks rally on President Trump’s tariff reprieve

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