U.S. stock market close | Consensus reached between China and the U.S. boosts the U.S. stock market, with the Nasdaq rising over 4%; Growth Tech stocks rise together, with Amazon climbing over 8%.

The China concept Index rose by over 5%, with Xpeng Autos up over 7%, and Li Auto and PDD Holdings both up over 6%.

wallstreetcn10minutes ago

Shares of Chip Stocks Are Higher After the US and China Agreed to a Temporary Reduction in Most Tariffs on Each Other's Goods. A Reduction in Tariffs Could Alleviate Some Supply Chain Concerns and Improve Macro Sentiment as Well as Demand Visibility.

BenzingaMay 12 23:03

NRG Energy Posts Upbeat Earnings, Joins Tesla, Apple, Amazon And Other Big Stocks Moving Higher On Monday

BenzingaMay 12 22:30

With the significant reduction of bilateral tariffs between China and the United States, which American stocks will benefit greatly?

The latest developments in Sino-U.S. trade relations have already sparked positive responses in the market, especially in industries such as shipping, Semiconductors, and Logistics.

Zhitong FinanceMay 12 21:56

ON Semiconductor Rises as Morgan Stanley Gives Equal-weight Rating

Seeking AlphaMay 12 21:36

ON Semiconductor Negativity Priced in Says Morgan Stanley

Yahoo FinanceMay 12 21:15