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News@lemmy.world · 3 days ago

Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war

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Dow jumps nearly 1,000 and S&P 500 climbs 2.6% following a 90-day truce in the US-China trade war

Redditsux@lemmy.world to

News@lemmy.world · 3 days ago

U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.6% Monday.

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3 days ago
But… why? It’s only a pause and the US consumers are still paying more for no good reason. The situation just went from worst to less horrible and people are buying??

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