Dow skyrockets 1,100 points a.s U.S. and China slash tariffs, BTC falls

The industrial average of Dow Jones increased by more than 1,100 points on Monday.

The S&P 500 also jumped 3.25%, the composite of NASDAQ jumped almost 4.34%and the Russell 2000 increased by 3.56%. Technological and commercial actions, many of which are strongly exposed to China, led the rally.

Tesla won 7%, Apple increased by 6%and Amazon jumped 8%. Dell and Best Buy also displayed solid gains.

After the negotiations with high issues over the weekend in Geneva, the American prices on Chinese products were lowered 30% compared to recent heights of 145%, while Beijing cut Its reprisals in the United States is 10%.

Treasury secretary Scott Bessent called “Very productive” talks and said that a new series of discussions could take place in a few weeks.

President Trump praised the agreement as a “total reset” of American-Chinese commercial relations, noting that a distinct tariff of 20% linked to the application of the fentanyl would remain in place.

The markets, which had been shaken since the climbing of Trump’s “Liberation Day” price in April, reacted positively. The DOW is now down 0.32% or 134 points since the start of 2025 while the NASDAQ is still down by more than 3%.

The rate decline will remain in force for 90 days while the two parties continue a more complete agreement. The US Treasury said they had collected $ 7.6 billion in more tasks last month, highlighting the extent of the commercial disturbance.

Bitcoin retires after the break, falls below $ 102,000

Bitcoin (BTC) fell 2.75% to $ 100,771 on Monday afternoon, back from almost $ 106,000 reached earlier during the day. Bitcoin is currently negotiating nearly $ 101,900.

The decline followed the news of the temporary tariff suspension of 90-day-chinoise, which attenuated macro uncertainty but led merchants to “sell the news” after a rally of one month compared to the stockings of less than $ 75,000 in April.

The decline suggests that recent outperformance of Bitcoin could cool down because larger markets like actions catch up.