Market Rally Amid Tariff Exemptions: Tech Stocks Surge Amidst Uncertainty ...Middle East

U.S. stock markets experienced gains on Monday after the White House announced exemptions for smartphones and computers from U.S. tariffs, although President Trump suggested that semiconductor levies remain a possibility. The Dow Jones Industrial Average and the S&P 500 both appreciated by about 0.8%, with the Nasdaq Composite climbing approximately 0.6%, buoyed by technology stocks like Apple, which saw a 2% increase.

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