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Trade Agreement With China Triggers Price Surge: These Stocks Benefit Most!

L. Kulikov
Reading Time: 3 minutes

The surprising agreement between Washington and Beijing on a 90-day tariff pause has boosted international stock markets on Monday (May 12). The deal, which reduces mutual tariffs of 145% and 125% to a moderate 10%, triggered a massive buying wave. Companies with a strong dependence on China, in particular, recorded double-digit price gains. Goldman Sachs responds with higher forecasts The US investment bank has raised its 12-month forecast for the S&P 500 from 6,200 to 6,500 points – a potential increase of about 11% compared to Monday's...

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