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US STOCKS SNAPSHOT-Wall St surges at open as US, China slash tariffs
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US STOCKS SNAPSHOT-Wall St surges at open as US, China slash tariffs
May 26, 2025 5:53 AM

May 12 (Reuters) - Wall Street's main indexes opened

sharply higher on Monday as the United States and China reached

a deal to reduce tariffs, signaling a truce in a punishing trade

war that had kept markets on edge for weeks.

The Dow Jones Industrial Average rose 649.7 points,

or 1.57%, at the open to 41,899.05. The S&P 500 rose

147.3 points, or 2.60%, at the open to 5,807.2​, while the

Nasdaq Composite rose 745.6 points, or 4.16%, to

18,674.555 at the opening bell.

(Reporting by Shashwat Chauhan in Bengaluru; Editing by Devika

Syamnath)

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