S&P 500 marks highest level since early March, Wall Street indexes rise after US-China tariff truce скачать в хорошем качестве

S&P 500 marks highest level since early March, Wall Street indexes rise after US-China tariff truce

Wall Street's three major indexes rallied sharply on Monday (May 12) with the S&P 500 hitting its highest levels since early March as a U.S.-China agreement to temporarily slash tariffs brought some hopes for the easing of a global trade war, which U.S. President Donald Trump ignited in early April. The U.S. and China announced on Monday that they would slash steep tariffs on each other for 90 days. The U.S. said it will cut tariffs imposed on Chinese imports to 30% from 145% while China said it would cut duties on U.S. imports to 10% from 125%. Investors showed some relief by favoring riskier assets and turning away from more defensive bets, but they were still left waiting for clarity on where tariffs would ultimately settle. The S&P 500 gained 184.28 points, or 3.26%, to end at 5,844.19 points, while the Nasdaq Composite gained 779.43 points, or 4.35%, to 18,708.34. The Dow Jones Industrial Average rose 1,160.72 points, or 2.81%, to 42,410.10. #NYSE #US #China #TradeWar #Nasdaq Join ANI's YouTube membership to get access to perks:    / @aninewsindia   Subscribe now and press the bell icon 🔔 to get new video updates: https://bit.ly/2UV4ygi -------------------------------------- ANI is South Asia's leading Multimedia News Agency providing content for every information platform, including TV, Internet, broadband, newspapers, and mobiles. Subscribe now! Enjoy and stay connected with us!! ☛ Subscribe to ANI News YouTube channel: https://bit.ly/2UV4ygi ☛ Visit our Official website: https://www.aninews.in/ ☛ Follow ANI:   / ani   ☛ Like us:   / aninews.in   ☛ Email to: anicontent@aniin.com, internetani@aniin.com ☛ Copyrights © All Rights Reserved ANI Media Pvt Ltd.