Amazon, Apple power ‘Magnificent Seven’ toward $700 billion in market-cap gains - MarketWatch
1. U.S. and China agree to reduce tariffs, boosting market confidence. 2. Amazon's stock increases by 7.3%, outperforming other tech stocks. 3. Analysts predict ongoing tariff negotiations may lead to market highs. 4. Reduction in tariffs alleviates recession fears and supports tech supply chains. 5. Tech companies, including Amazon, may benefit from decreased supply-chain risks.