The stock market is on fire on Monday after an initial trade deal with China was announced by U.S. officials. Details are still being ironed out, but the two countries are lowering tariffs and taking a 90-day "pause" to ramp up negotiations. Travis Hoium covers the details and the market's reaction in this video.
*Stock prices used were end-of-day prices of May 12, 2025. The video was published on May 12, 2025.
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John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Hims & Hers Health and On Holding. The Motley Fool has positions in and recommends Amazon, Apple, Costco Wholesale, Deckers Outdoor, Nike, Target, Tesla, and Walmart. The Motley Fool recommends Novo Nordisk and On Holding. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
