News: Wall Street rallied on hopes of Trump softening tariff stance, tech ETFs saw gains.

From Nasdaq: 2025-03-25 10:00:00

Wall Street rallied on hopes of Trump softening tariff stance, with S&P 500 up 1.8% and Nasdaq up 2.3%. Tesla shares gained 12%, while Meta Platforms and NVIDIA climbed 3%. Trump administration may exclude some tariffs, easing inflation fears. Fed rate cut signals tech sector growth, driven by AI technology and digital shift. Tech sector ETFs saw gains in ELON, MARO, WGMI, BKCH, and DAPP.



Read more at Nasdaq: Tariff Relief Boosts Tech ETFs: Is More Upside Ahead?