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Apple, Nvidia soar more than 10% as tech stocks rally after Trump postpones some tariffs for 90 days

Published on: 2025-05-06 14:56:02

Technology stocks surged Tuesday, with Apple and Nvidia rallying more than 10% after Trump announced a 90-day pause on tariffs for some countries. Stocks skyrocketed across the board following a multi-day selloff spurred by an aggressive tariff plan from the White House. The tech-heavy Nasdaq Composite climbed more than 8% following the news, bouncing back after a rocky few trading sessions. Trump said Tuesday he would raise the tariff on China to 125%. Apple surged more than 10%, coming off its worst four-day trading stretch since 2000, which resulted in Microsoft unseating it as the most valuable company and a $774 billion drop in market value. Apple recovered its status Tuesday. ... Read full article.