MARKETS SURGE AS TRUMP PUTS CHINA IN A HEADLOCK

MARKETS SURGE AS TRUMP PUTS CHINA IN A HEADLOCK. MARKETS SURGE AS TRUMP PUTS PRESSURE ON CHINA.

The S&P's surge is the most for an intraday move since April 2020. At 2pm, the S&P 500 extended its urge to 7.6 percent and The Dow was up a huge 2,500 points, or 6.7 percent.

Nvidia shares jumped 15 percent, the most since July, while Apple shares rose 13 percent, the largest move in over 5 years since March 2020.

Stocks for clothing retailers like Nike also surged, as they are heavily impacted by high tariffs on garment-producing countries such as Cambodia, Sri Lanka, and Bangladesh. For shoppers, it means big jumps in prices for clothes and shoes will not happen just yet.

In just five minutes, during the initial surge upwards, trillions of dollars were added to the value of U.S. stocks, providing a huge boost to Americans, especially those with investments in 401(k)s and indices like the Dow.