Trade Developments: U.S.-China Tariff Rollbacks Fuel Market Rally
A surprise rollback of tariffs between the U.S. and China has catalyzed a significant market rally, especially for tech stocks. The Nasdaq soared by 7%, marking its best performance since January. AI stocks, led by companies like Nvidia and AMD, drew attention for their resilience and growth potential amidst geopolitical tensions. This development reinforces the idea that AI is becoming a critical pillar of market leadership moving forward.