U.S. Stocks Rise as Trump Plans Targeted Tariffs

U.S. stock markets surged on Monday following reports that President Trump's upcoming tariffs, set for April 2, may be more targeted than initially expected, alleviating investor fears of a broader trade war. The Dow Jones Industrial Average rose by over 490 points, while the S&P 500 and Nasdaq also saw significant gains, with technology stocks such as Nvidia and Tesla benefiting from renewed investor enthusiasm. Analysts noted that the market's reaction reflects a cautious optimism as investors await further economic data, amid ongoing volatility triggered by tariff announcements. The anticipated tariffs will reportedly exclude certain sectors and countries, contributing to a more favorable market sentiment. However, concerns linger regarding the potential impact of these tariffs on economic growth and corporate earnings, as uncertainty remains high. The mixed signals from the administration have previously caused significant fluctuations in the market, prompting many investors to seek safer assets.