From Nasdaq: 2025-05-12 10:14:00

In a surprising turn of events, the U.S. and China have agreed on a 90-day pause on reciprocal tariffs, easing tensions in the ongoing trade war. This breakthrough has led to significant gains in the stock market, with major indexes seeing positive movement. The risk of recession has decreased, and fewer interest rate cuts are now predicted for the Fed this year.

Following the trade breakthrough, the Dow is up +1075 points, the S&P +175 points, and the Nasdaq +800 points. Amazon and Tesla are both showing strong pre-market performance. With hopes for a permanent trade deal in the next 90 days, market sentiment is optimistic for further gains. The easing of trade tensions may lead to higher market levels moving forward.

Earnings reports for NRG Energy and Sally Beauty have exceeded expectations, boosting their stock prices. NRG Energy posted earnings of $2.62 per share, a +45.6% beat, while Sally Beauty saw earnings of 42 cents per share, surpassing estimates by 3 cents. Despite revenue misses for Sally Beauty, both companies are experiencing positive stock performance.

A top semiconductor stock is making waves in the market, offering potential for significant growth. With strong earnings growth and a growing customer base, this stock is poised to capitalize on the demand for AI, Machine Learning, and IoT technologies. Global semiconductor manufacturing is projected to grow substantially, presenting a lucrative opportunity for investors.



Read more at Nasdaq: U.S.-China De-escalation: Markets Rip Higher