Dow inches higher, Nasdaq gains 0.67% despite renewed trade tensions

American actions ended on Monday, showing resilience despite the increase in trade tensions between Washington, Beijing and Brussels.

The NASDAQ composite climbed 0.7%, while the S&P 500 added 0.4%. The industrial average of Dow Jones posted a marginal gain less than 0.1%.

The increase came after China rejected Against President Trump’s accusation that she had raped the commercial truce struck earlier this year.

Beijing blamed the United States for climbing tensions by tightening export orders on AI chips and restoring visas for Chinese students.

Meanwhile, the Treasury Secretary Scott Bessent expressed The confidence that President Trump and Chinese President Xi Jinping will soon take over the talks.

Europoris officers Also criticized The United States plan to double steel and aluminum prices at 50% from Wednesday, warning potential reprisals. A commercial delegation of the European Union is now in Washington to solve the problem.

Energy rally

Despite the geopolitical friction, the feeling of investors was supported by a rally in the energy sector. The energy index of the S&P 500 energy increased by 1%, fired by a leap of 2.8% of the prices of American raw oils following a drone strike by Ukraine on Russian military objectives. In addition, OPEC + announcement An increase in the offer set for July, which has further fueled gains in the term contracts on oil and copper.

Treasury yields increased, the 10 -year yield of 4.461% and the 30 years reaching a key technical level. The dollar index has weakened, while the euro, the pound and the yen won.

The S&P 500 and the NASDAQ now watch the strongest in their month since 2023, reporting a renewed appetite for investors despite global uncertainties.