TARIFFS LATEST

US, China to slash tariffs for 90 days

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Sunway Construction Group Berhad (5263.KL)

4.7400

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At close: May 9 at 4:50:07 PM GMT+8

Stock market today: Dow gains 1,000 points, while S&P 500, Nasdaq surge as US-China deal spurs a rush into stocks

US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place.

Yahoo Finance 21 minutes ago

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Fox One, SoftBank delays investment, Zepbound weight loss

Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Fox's (FOX, FOXA) new streaming service, Fox One; SoftBank (9434.T) delaying its $100 billion investment into AI infrastructure in the US; and patients using Eli Lilly's (LLY) Zepbound reporting losing more weight than Novo Nordisk's (NVO) Wegovy GLP-1 weight-loss drug. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

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Amazon, Tesla stocks lead 'Magnificent 7' surge after US-China temporary trade truce

Amazon and Tesla stocks led the "Magnificent Seven" Big Tech stock surge after the US and China announced a temporary trade war truce.

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US and China to slash tariffs for 90 days as Trump and Xi likely to talk 'maybe at the end of the week'

US and China agreed to a 90-day pause on their trade war following high-stakes talks this past weekend in Switzerland.

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^DJI
How sectors, names, & assets are moving on US–China trade truce

US stocks (^GSPC, ^IXIC, ^DJI) are jumping after a trade truce was reached between the US and China. Yahoo Finance Markets and Data Editor Jared Blikre breaks down sector and asset class moves, with tech and consumer discretionary leading sector gains and defensive plays lagging. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 3 hours ago

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Secrets behind 'Magnificent 7' surge ahead of Nvidia earnings

You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The Magnificent 7 stocks are performing strongly again, even with chipmaker Nvidia's earnings report not due until May 28. This leadership group, which had largely underperformed in 2025 due to valuation concerns and macroeconomic risks, has seen a rally since the April 8 lows. This resurgence can be attributed to a couple of key factors. First, tech mega-caps like Microsoft (MSFT) and Alphabet (GOOGL (GOOGL)) significantly exceeded earnings estimates. Barclays' data indicates that these large-cap tech companies beat analyst earnings estimates by an average of 8% in the first quarter. Second, the earnings growth for these major tech players in the first quarter was once again impressive. Goldman Sachs' (GS) data reveals that large-cap tech stocks within the Mag 7 achieved an average earnings growth of 28% in the first quarter, compared to just 9% for the other 493 stocks in the S&P 500. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms

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Why US-China tariff agreement isn’t super bullish for stocks

You can catch Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts. The bulls are back on Wall Street, with good reason. The US and China have agreed to ratchet down the tariff war for 90 days as each economy begins to feel the pressure of bruising penalties. After a weekend of meetings in Switzerland, the US will take reciprocal tariffs on China down to 10% from 125%. A separate tariff imposed by President Trump over what he says is China’s role in the fentanyl trade will stay intact. China will cut its retaliatory tariffs on US goods to 10% from 125%. Stocks soared on the news, the US dollar caught a strong bid, and defensive plays such as gold sold off. Investors will now be looking for two things to keep the bullish vibes going: first, that the two economic superpowers signal there is an opportunity to take tariffs down even further after the 90-day pause; and second, that the tariffs aren’t hammering the US economy. Yahoo Finance Executive Editor Brian Sozzi spoke with eToro global markets analyst Lale Akoner on Opening Bid for perspective on whether stocks will be back for the rest of the year or if this is just a headfake. Akoner also discusses top picks in what is now a significantly changed backdrop for investors. For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Yahoo Finance's Opening Bid is produced by Langston Sessoms

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Trump's FTC antitrust cops just got a loud warning about blocking tech tie-ups

President Trump's antitrust cops just received a loud warning about attempts to block any future technology mergers as the FTC lost an attempt to undo Microsoft's $69 billion acquisition of gaming giant Activision Blizzard.

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Why Nvidia, Broadcom, and Other Semiconductor and AI Stocks Rallied Monday Morning

Investors got some good news that gave them hope for the future.

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Apple Shares Climb 5% as U.S., China Agree to Temporary Tariff Truce

Apple Surges as Trade War Tensions Cool

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The Dow, Up 900 Points, Is on Track to Exit Correction

Stocks surged steadily on Monday after Wall Street got what it wanted on the tariff front. The Dow Jones Industrial Average was up 909 points, or 2.2%, in early afternoon trading. The Nasdaq Composite rallied 3.6%.

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Palantir has one of the the clearest opportunities to become a megacap company. Alphabet's stock, meanwhile, has been beaten down due to investors' worries that its search business is being disrupted. Alphabet owns a strong collection of leading and emerging businesses beyond its lucrative search segment.

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Stock Market Today: Dow Jones Soars As China Trade Deal Reached; Amazon, Nvidia Pop As Alibaba Clears Entry (Live Coverage)

The Dow Jones surged on the stock market today. Treasury Secretary Bessent spoke out on China amid tariff progress. Alibaba cleared an entry.

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Amazon and Tech Stocks Rally. Stay Cautious.

Amazon was outstripping its Magnificent Seven peers such as Microsoft, Alphabet and Meta Platforms as the market welcomed news of a U.S.-China truce on tariffs.

Barrons.com 56 minutes ago

AMZN
Nvidia Stock Continued to Rally Today. Why It's Not Too Late to Buy.

Nvidia's China business has become a question mark, but now it could get even stronger. Productive and potentially meaningful trade talks over the weekend have investors more bullish on Nvidia. Increasing cooperation between the U.S. and China should be a net positive for the chipmaker in the long run.

Motley Fool 58 minutes ago

NVDA
Why Apple's Stock Is Surging Today

Officials from the U.S. and China announced a 90-day pause on elevated tariff rates imposed on one another, signaling a major de-escalation in trade tensions. Apple, which makes the bulk of its iPhones in China, could have been severely impacted had current policies stayed in place. Shares of consumer tech giant Apple (NASDAQ: AAPL) traded over 5% higher, as of 11:51 a.m. ET today, after officials from the U.S. and China announced a 90-day pause on extremely high tariffs rates, setting the stage for a broader trade agreement.

Motley Fool 1 hour ago

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Trump Executive Order Could Reshape How Americans Pay for Drugs. Why It Isn’t Bad for Pharma Stocks.

The Trump administration’s Monday executive order could restructure how Americans buy prescription drugs, pushing them away from insurers and pharmacy-benefit managers and toward cash-pay options. A White House official said on a press call early Monday that a new executive order from President Donald Trump will push drugmakers to sell prescription drugs at low prices directly to patients. President Trump signed the executive order shortly before 11 a.m. after a press conference in which he and top officials railed against the drug industry and painted the order as a blow against drugmakers.

Barrons.com 1 hour ago

PFE

LLY
Trump talks with Apple’s Cook as iPhone price hikes loom

(Bloomberg) -- US President Donald Trump said he spoke with Apple Inc. Chief Executive Officer Tim Cook earlier on Monday, just as the iPhone maker was reported to be considering price increases later this year.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA

Bloomberg 38 minutes ago

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Chevron's Resilient Business Positions It to Thrive at Lower Oil Prices

Chevron has the lowest breakeven level in the oil industry. It also has a strong balance sheet. The company expects to deliver significant free cash flow growth by 2026, and that's before closing its acquisition of Hess.

Motley Fool 1 hour ago

CVX

^GSPC

Performance Overview

Return	5263.KL	FTSE Bursa Malaysia KLCI (^KLSE)
YTD	+2.99%	-5.84%
1-Year	+59.15%	-3.42%
3-Year	+210.30%	-0.17%

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TARIFFS LATEST

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