U.S. equity markets surge after Donald Trump cancels proposed new tariffs on imports from the European Union, easing trade-related uncertainty. The move triggers a broad risk-on reaction, with investors rotating back into equities following weeks of tariff-driven volatility.
The Nasdaq Composite rises 1.2%, marking its strongest session since December 19. Technology and growth stocks lead gains as markets reassess earnings and valuation risks tied to global trade restrictions and supply chain disruptions.
U.S. stock market capitalization increases by approximately $700 billion in a single session, reflecting renewed investor confidence. The rally highlights the sensitivity of equity markets to trade policy signals, particularly as investors weigh inflation risks, corporate margins, and the outlook for global economic growth.