U.S.-China Tariff Thaw Sparks Stock Rally—Making Bezos, Musk And Zuckerberg More Than $40 Billion Richer
1. U.S. and China reduce tariffs, boosting trade activities. 2. S&P 500 surged 3.3%, reaching its highest level since March. 3. Tech giants like Apple and Amazon saw significant stock increases. 4. Market capitalization of major tech firms rose by $830 billion. 5. Tariff reductions are seen as a major victory for U.S. bulls.