From Yahoo Finance: 2025-05-12 10:43:00

Investors are cautiously optimistic as the US and China agree to a trade truce, reducing tariffs for 90 days. Market reactions were positive, with the Dow Jones Industrial Average rising 1,060 points. Companies like Five Below and Wayfair, heavily impacted by the trade war, saw significant gains.

eToro global markets analyst Lale Akoner advises investors to remain selective and avoid stocks with high tariff exposure. She recommends Bank of America, JPMorgan, Mastercard, and Prudential as top picks. Despite the trade truce, some analysts like Jim Reid remain cautious, noting uncertainties in the current market climate.

Read more: US-China trade deal optimism offers up important investing reminder