Stock Market Today: 50% EU Tariffs Delayed, PDD Sells, NVDA Rallies Pre-Earnings
Schwab Network · Schwab Network
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Show Notes
Markets reversed Friday's losses and opened the holiday-shortened week with a rally. That positive trading action started after the Trump administration delayed planned 50% tariffs on the EU until early July. Nvidia (NVDA) also saw notable gains heading into a highly anticipated earnings report after Wednesday's closing bell. One of the worst-performing stocks on the market: PDD Holdings (PDD), after the Temu owner posted earnings weakness due to tariffs. Alex Coffey takes investors through the trading session's biggest stories.
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