Stock Markets Rally Amid Tech Surge and Reduced Tariff Fears

The U.S. stock markets saw a significant rise with major indexes reaching two-week highs, driven by technology stocks and signs of a potential tariff reprieve by the Trump administration. Despite ongoing concerns over tariffs, investors showed confidence as influential tech shares like Nvidia and Meta Platforms surged.

Wall Street experienced a substantial surge on Monday, with major indexes hitting two-week highs. This rally was largely fueled by a rebound in technology stocks, as indications emerged that the Trump administration might adopt a less aggressive stance on impending tariffs.

The Dow Jones, Nasdaq, and S&P 500 all saw noteworthy gains, buoyed by significant rises in tech giants such as Nvidia, Meta Platforms, and Amazon. These developments come amid persistent fears about the economic impact of U.S. trade policies.

As investors remain vigilant, upcoming economic data releases, including the Federal Reserve's favored inflation measure, will be closely watched. Meanwhile, the acquisition of Dun & Bradstreet and developments in the crypto markets added to the day's financial narrative.

(With inputs from agencies.)