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May 12, 2025
Dow jumps 900 and S&P 500 climbs 2.4% following a 90-day truce in the US-China trade war
U.S. stocks are leaping Monday after China and the United States announced a 90-day truce in their trade war. Each of the world's two largest economies agreed to take down most of its tariffs against the other, which economists warned could start a recession and create shortages on U.S. store shelves.
