NYSE Pre-Market Update: S&P 500 Rallies 3.3% on De-Escalation of US-China Trade Tensions

The New York Stock Exchange (NYSE) witnessed a significant surge on Monday, with the S&P 500 index increasing by 3.3% as trade tensions between the US and China eased. The development saw technology stocks, including the "Magnificent Seven," experience a substantial boost, adding over $800 billion in market value. Meanwhile, shares of Boeing (NYSE: BA) rebounded after reports emerged of China's plan to lift its month-long ban on deliveries of the aircraft.

Key Takeaways:

• The S&P 500 index surged 3.3% on Monday, driven by the de-escalation of trade tensions between the US and China.
• The two nations agreed to temporarily lower tariffs for 90 days, with plans to meet again in a few weeks to work on a bigger trade deal.
• Technology stocks, including the "Magnificent Seven," added more than $800 billion in market value due to the easing trade tensions.
• Shares of Boeing (NYSE: BA) saw a significant rebound after reports of China's plan to lift its month-long ban on deliveries of the aircraft.
• Economists anticipate a 0.2% increase in consumer prices in March and a 2.4% rise from the same time a year ago, providing insights for Americans to budget ahead.
• Fabrinet (NYSE: FN) celebrated its 15th anniversary of listing on the NYSE, while The Vanguard Group marked its 50th anniversary of founding.

Statistics:

• S&P 500 index increase on Monday: 3.3%
• Market value added by technology stocks (including the "Magnificent Seven"): over $800 billion
• Planned duration of temporary tariff reduction: 90 days
• Consumer prices expected to rise in March by: 0.2%
• Consumer prices expected to rise from a year ago: 2.4%
• Number of years since Fabrinet (NYSE: FN) listed on the NYSE: 15
• Number of years since The Vanguard Group was founded: 50

Sources:

• Press Release, New York Stock Exchange (NYSE), May 13, 2025 /PRNewswire/
• "NYSE Pre-market update" for market insights before trading begins.