U.S.

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	Forwarded this email? Subscribe here for more U.S. stocks rally on President Trump’s tariff reprieve MacDailyNews May 27   READ IN APP   U.S. stocks jumped Tuesday as traders returned from the Memorial Day break, buoyed by easing tensions after President Donald Trump softened his stance on steep tariffs against the EU. On Sunday, Trump backed off his threat of 50% tariffs on EU imports, reinstating a July 9th deadline for negotiations between Washington and the 27-nation bloc. Reuters: ‎ He had said on Friday that he was recommending a 50% tariff effective June 1 and expressed frustration that trade negotiations with the EU were not moving quickly enough. Asian and European markets were mixed after rising on Monday, although moves in U.S. assets were more pronounced as traders returned after the long weekend. Most megacap and growth stocks jumped in premarket trading. Apple was up nearly 2%, Alphabet rose 2% and Tesla climbed 2.7%. Trump Media & Technology Group advanced 10.3% after a media report said Trump’s social media firm planned to raise about $3 billion to spend on cryptocurrencies such as bitcoin. Shares of semiconductor industry bellwether Nvidia kicked off the week with a 2.6% rise. ‎ MacDailyNews Take: Keep enjoying the ride! The blessed volatility won’t last forever, so take advantage when the opportunities present themselves! ‎ Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post U.S. stocks rally on President Trump’s tariff reprieve appeared first on MacDailyNews. Invite your friends and earn rewards If you enjoy MacDailyNews, share it with your friends and earn rewards when they subscribe. Invite Friends   Like Comment Restack   © 2025 MacDailyNews 548 Market Street PMB 72296, San Francisco, CA 94104 Unsubscribe