China, Dow Jones Industrial Average and tariffs
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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
The Dow Jones spun a tight circle near 42,300 on Tuesday. Markets largely failed to react to US CPI inflation, which eased slightly in April. Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
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Dow Jones Futures: Trump Trade Deal Triggers Bullish Stock Market Rally; Amazon, Apple, Nvidia, Tesla SurgeDow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, traded lower ahead of Tuesday's open. The stock market surged Monday after President Donald Trump and the U.S. reached a trade deal with China to slash tariff rates, at least temporarily.
Shares of Nvidia advanced 5.6% on news that the company would send 18,000 of its top artificial intelligence chips to Saudi Arabia.
The Dow Jones entered the fourth consecutive week of gains and emerged above weekly cloud top (42096), with the action on daily chart testing converged 100/200DMA’s (42356).
While both the S&P 500 and Nasdaq Composite gained in early Tuesday trading, the Dow Jones Industrial Average was solidly in the negative — down by around 0.4%. The discrepancy in the indexes was due to one stock in particular: UnitedHealth Group.
The Dow Jones Index Futures jumped by over 800 points on Monday as investors cheered the recent trade talks between the US and China
The S&P 500 climbed 0.7% on Tuesday, May 13, 2025, bringing the index into positive territory for the year as investors reacted to positive data on inflation and tech stocks surged.
Shares of Intuitive Machines took off on Tuesday after the company surprised the market with positive free cash flow for the first quarter. The stock was up 29% at $12.25 after the opening bell. Shares are still down 33% since the start of the year.
The broad market index advanced 0.72% to close at 5,886.55. The S&P 500 now has a gain of 0.08% in 2025. The Nasdaq Composite gained 1.61% to finish the session at 19,010.08, while the Dow Jones Industrial Average slipped 269.67 points, or 0.64%, to 42,140.43.
The Dow Jones Industrial Average jumped 1,160 points, or 2.8%, and the Nasdaq composite climbed 4.3%. It wasn't just stocks rising following what one analyst called a "best case scenario" for US-China tariff talks, which reduced tariffs by more than what ...