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Magnificent Seven Gain $700B After US-China Slash Tariffs, Gold Crashes: What's Driving Markets Monday?

Summary

Under the 90-day reprieve, the U.S. will cut tariffs on Chinese goods; Equities soared, but gold suffered its worst day since November.

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Article published on May 12, 2025 by benzinga

Magnificent Seven Gain $700B After US-China Slash Tariffs, Gold Crashes: What's Driving Markets Monday? | AAPL Stock News | Candlesense