Wall Street Soars Higher – Positive Sentiment Last Week Drives Markets to Excite

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On Monday, US Wall Street stocks experienced a surge and excitement after a positive increase last week.


All three major indexes showed gains supported by the strengthening of technology industry stocks involving three large companies, namely Apple, Amazon and Microsoft.


The S&P 500 index rose 0.74%, the Dow Jones increased 0.05% while the technology-focused Nasdaq increased 1.26%.


The expansion of the main indexes was driven by negotiations between US President Donald Trump and the Republic of China to make peace on the issue of the tariff war between the two countries.


Although Trump announced that there were negotiations and discussions with his counterpart Xi Jinping, Beijing denied the matter.


Trump also marked 100 days in office starting April 30 after facing various challenges including trade tariffs to the whole world.


Next, investors are preparing to follow the developments on the US tariff issue after Trump paused tariffs on other countries until July.


The announcement came after the levy expansion sparked severe market and stock volatility.


However, uncertainty over Trump's tariffs could still weigh on economic markets despite the White House's willingness to ease tariffs on China.


Overall, investors remain wary and cautious of US tariffs that could potentially trigger a spike in inflation and dampen economic growth again.

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