Trump Admin Direct Renewal: US shares Futures up at the US-China tariff break
Dow Futures rose on Monday as Trump and China’s administration together to announce a pause in a reciprocal rate for 90 days.
Dow Futures traded around 2.2% in front of Wall Street’s Open on Monday. S&Pesis rose around 2.9% and Nasdaq Futures rose around 3.8%.
Trader Thomas McCauley works on the New York Stock Exchange floor, Friday, May 9, 2025.
Richard Drew/AP
Stocks have been beating after the “Liberation Day” of President Donald Trump, the announcement of the extensive tariff that destroyed trillions of dollars from the stock market, losses that were not visible since Covid.
The market has recovered even before the news on Monday, when Trump continued his retreat from the tariff.
President Donald Trump spoke with reporters when he signed an executive order at the White House Oval Office, Friday, May 9, 2025, in Washington.
Alex Brandon/AP
S&P has recovered all the losses of “Liberation Day,” but Dow remains around half a lower percentage.
While the stock has a large loss -there is also a sharp rebound, at one point S&P has the longest won for the nine days since 2004.
-ABC News’ Zunaira Zaki
