NASDAQ Soars As US China Deal Temporarily Slashes Tariffs But What Happens Next

In a surprise twist, US stocks bounced back on Monday following a deal that slashes tariffs between the US and China for a thrilling 90 days. The S&P 500 jumped 2.4%, and the ever-volatile Nasdaq Composite soared a whopping 3.2%. Can this high-flying market be sustained?

With the US cutting tariffs on most Chinese imports from an eye-watering 145% to a mere 30%, investors suddenly feel like they’ve hit the jackpot. Meanwhile, China responded by lowering their retaliatory tariffs from 125% to just 10%. Is this a generous gesture or a trap set to spring later?

The tech giants, rattled by previous trade war worries, were ready for a victory lap. NVIDIA, for instance, soared 3%, while Amazon, Apple, and Tesla happily hopped on the upward trend. Will they all ride the wave of jubilation, or is it more like a precarious pogo stick?

In more unexpected business news, President Trump signed an executive order to slash drug prices in the US by **at least** 59%. Ironically, this might raise prices overseas, giving pharma companies a free ticket to profitability. But will the healthcare system throw a wild tantrum over this unexpected twist?

As the dollar and US Treasury yields rise alongside oil prices, traders brace for crucial inflation data this week. With the Consumer Price Index report due tomorrow, will it reveal the true fallout of these tariff cuts or just leave everyone scratching their heads? The race for financial clarity has officially begun!

Yesterday's Top Google Trends

1. Coachella Livestream

Interest spiked yesterday as fans searched for ways to watch performances live online

2. NBA Playoffs

Search interest surged after yesterday's key matchups and upsets

3. Spotify New Features

Users searching for information about Spotify's latest language options announcement

4. Ryan Gosling Star Wars

Fans searching for details about Ryan Gosling joining the Star Wars franchise

5. Climate Change Reports

Recent environmental reports triggered increased searches about climate change

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