16 May 2025
Surprise 90-day trade truce sparks tech rallyA surprise 90-day trade war truce between the US and China and walkdown on tariffs (12 May) put a rocket under stocks this week, sending the benchmark S&P 500 index up 4.5%.
Technology stocks led the gains with the Nasdaq Composite index gaining more than 6% on the week despite bonds selling off with the 10-year treasury yield briefly climbing...