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Big News! U.S. and China Trade Deal Shakes Up Markets
Stocks are soaring today on the hope that the trade tensions between the U.S. and China are behind us.
The stock market is on fire on Monday after an initial trade deal with China was announced by U.S. officials. Details are still being ironed out, but the two countries are lowering tariffs and taking a 90-day "pause" to ramp up negotiations. Travis Hoium covers the details and the market's reaction in this video.
*Stock prices used were end-of-day prices of May 12, 2025. The video was published on May 12, 2025.
