What a Party! Investors Celebrated Yesterday on Wall Street the Preliminary Tariff Agreement Between China and the US
Reading Time: 5 minutes
Meta +8 % (There were no specific news. The stock was buoyed by the general market euphoria) Nike +7 % (Nike produces shoes and apparel in Asia. High tariffs would destroy this model) Tesla +6 % (Next month marks the launch of robotaxis in Texas) Amazon +7 % (Amazon's business is heavily intertwined with China, as 30% of the gross merchandise value comes from there. An agreement reduces import costs and improves profit forecasts) Applied Materials +8 % (Benefits if facilities and machinery can continue to be exported to Asia) ...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
