• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Investing

US stocks open in the green: Dow jumps over 100 points, Nasdaq up 0.6%

by May 9, 2025
written by May 9, 2025

US stocks edged higher on Friday as market sentiment improved following President Donald Trump’s comments suggesting progress on multiple trade agreements and a possible reduction in tariffs on Chinese goods ahead of key talks this weekend.

The Dow Jones Industrial Average rose 111 points, or 0.3%, while the S&P 500 gained 0.4% and the Nasdaq Composite advanced 0.6%.

Tech and trade-sensitive sectors led gains, building on momentum from Thursday’s announcement of a preliminary trade deal between the US and the UK.

“Many Trade Deals in the hopper, all good (GREAT!) ones!” Trump posted on Truth Social, reinforcing investor optimism that the UK agreement could pave the way for more pacts with other major economies.

The UK deal is the first announced since the US implemented its sweeping “reciprocal” tariffs policy last month, and the 10% rate agreed with Britain is being viewed as a potential benchmark for future deals.

Investors are now closely watching the upcoming US-China negotiations in Switzerland, which will mark the first formal meeting since tariffs between the two nations escalated.

Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer will meet Chinese Vice Premier He Lifeng in what could be a crucial step toward easing bilateral trade tensions.

Week to date, the S&P 500 is flat, the Nasdaq is on track for a 0.3% gain, and the Dow is up 0.5%, positioning for a third straight positive week.

Trump on China tariffs

US President Donald Trump on Friday floated the idea of an 80% tariff on Chinese imports ahead of scheduled trade talks in Switzerland this weekend.

In a post on Truth Social, Trump said: “80% Tariff on China seems right! Up to Scott B,” referring to Treasury Secretary Scott Bessent, who is set to lead the US delegation alongside Trade Representative Jamieson Greer in talks with Chinese Vice Premier He Lifeng.

The proposed figure would mark a significant drop from the current 145% tariffs imposed by the US on various Chinese goods, though it would still be well above historical levels.

China has responded with its own set of retaliatory tariffs, exceeding 100%.

The comment comes just days after the US announced a trade agreement with the UK, which included a 10% baseline tariff, well below the rate Trump has suggested for China.

Earlier this week, the president reiterated that American consumers are prepared to face higher prices and reduced product variety if it helps shift manufacturing jobs back to the US.

Despite expressing openness to lowering tariffs in the future, Trump’s latest comments suggest that any compromise with China may remain elusive in the short term.

The post US stocks open in the green: Dow jumps over 100 points, Nasdaq up 0.6% appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Geopolitical tensions jeopardise energy flows in India and Pakistan
next post
Former Supreme Court Justice David Souter dead at 85

related articles

Asian markets open: Nikkei, Hang Seng fall on...

June 12, 2025

Aluminum and steel tariffs spark rise in secondary...

June 12, 2025

Airbus sees aviation boom ahead, global fleet to...

June 12, 2025

US-China trade talks and Washington’s decade-long effort to...

June 12, 2025

Europe markets open: Stoxx 600 dips as UK...

June 12, 2025

UK GDP falls by 0.3% in April as...

June 12, 2025

Gordon Brothers buys Poundland; pledges £80 mn for...

June 12, 2025

Air India plane crash: London-bound flight with 242...

June 12, 2025

Air India plane crash live update: Indian President...

June 12, 2025

Copper remains supported for now even as China...

June 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Biden says his mental acuity is ‘pretty damn good,’ despite polls showing majority of Americans disagreeing

    July 17, 2024
  • NRSC chair reveals how many GOP Senate seats he’s gunning for during 2026 midterms

    February 22, 2025
  • Obama-nominated judge allows lawsuit targeting Musk’s role with DOGE to proceed, drops claims against Trump

    May 28, 2025
  • Trump to skip federal court hearing Thursday, plead not guilty to charges in Jack Smith’s election case

    September 5, 2024
  • Kurilla warfare: Meet the general leading US military forces in the Middle East amid Iran conflict

    June 19, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,804)
  • Investing (634)
  • Stock (895)

Latest Posts

  • Dem lawmaker reintroduces death row appeals bill allowing for introduction of newly discovered evidence

    October 10, 2024
  • Alberto Gonzales becomes latest Bush alum to endorse Harris

    September 12, 2024
  • Senate parliamentarian: Who is the unelected official getting say on Trump’s ‘big, beautiful bill?’

    May 12, 2025

Recent Posts

  • Senate parliamentarian OKs ban on Planned Parenthood federal funding in Trump megabill

    July 1, 2025
  • Moderate who unseated ‘Squad’ member Jamaal Bowman says Dem voters want a pro-Israel party

    August 21, 2024
  • US hits ISIS camps in Syria, killing nearly 3 dozen terrorists

    October 30, 2024

Editor’s Pick

  • Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion

    January 8, 2025
  • Vance, Bondi, Patel to huddle at VP residence for meeting amid Epstein fallout

    August 6, 2025
  • Kim Jong Un promises to ‘steadily strengthen’ North Korea’s ‘nuclear force’

    September 11, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock