
U.S. stock indexes experienced a rebound on February 5, 2025, with the Nasdaq Composite rising by 1.4%, the Dow Jones Industrial Average increasing by 0.3%, and the S&P 500 gaining 0.7%. The surge was primarily driven by strong performances in energy stocks and a notable 24% increase in shares of Palantir Technologies, which has benefited from the artificial intelligence boom. Investor sentiment was bolstered by a delay in tariffs imposed by President Donald Trump on Canada and Mexico, which has led to optimism regarding a potential trade breakthrough with China, despite ongoing tensions. The Chinese government recently imposed tariffs on U.S. imports of coal, liquefied natural gas, and other goods, adding complexity to the trade landscape.
The three major stock indexes closed higher, aided by energy stocks, while investors saw reason for optimism for a trade breakthrough between the US and China after President Donald Trump delayed tariffs for Canada and Mexico https://t.co/LAVLGz5cyy https://t.co/ysi5Hcb3aX
Calm returned to Wall Street, and tech stocks led U.S. indexes broadly higher. https://t.co/80NvGwLEyc
The three major stock indexes closed higher, aided by energy stocks, while investors saw reason for optimism for a trade breakthrough between the US and China after President Donald Trump delayed tariffs for Canada and Mexico https://t.co/Iv88bqsgdR https://t.co/RWbRkSmJto