S&P 500 ends higher while Dow slips, tariff relief boosts tech stocks

The US stock markets closed on Wednesday as investors extended a rally triggered by ranging from trade tensions between the United States and China.

The S&P 500 increased by 0.1%, the NASDAQ increased by 0.57%and the industrial average of Dow Jones decreased by 0.21%.

Technological actions have led gains. Nvidia climbed More than 3% after announcing that it would send 18,000 ia chips to Saudi Arabia. Dmla acquired More than 4% following a share repurchase of $ 6 billion. The NASDAQ is now up more than 6% this week, while the S&P 500 and DOW have gained 4% and 1% respectively.

Positive China news

The markets continued to respond positively to a weekend agreement between the United States and China to reduce prices temporarily.

The United States has lowered prices on Chinese products to 30%, while China has reduced rights to American imports to 10%. The S&P 500, which was in negative territory for the year, has now become positive and increased by more than 21% compared to its hollow in April.

However, analysts warn that the rally can stop without any other political action. “The next higher step will have to wait for political initiatives that could provide tail winds in 2026,” said Daniel Skelly of Morgan Stanley, according to at CNBC

In individual movers, Etoro jumped almost 29% during his beginnings at Nasdaq. Super Micro Computer jumped 17%, based on previous gains linked to a Saudi data center of $ 20 billion. Boeing shares increased by 2% after announcing a sale of aircraft of $ 96 billion in Qatar Airways.

Meanwhile, the recent Tesla gathering has shown overheating signs. S3 partners reported technical indicators suggesting short -term price pressure.