00:00NVIDIA stock surges as markets rebound amid EU-US trade truce.
00:05Global markets roared back to life Tuesday morning,
00:08with tech stocks leading the charge, none more prominent than NVIDIA.
00:13After a weekend of uncertainty, a trade truce between the European Union and the United States
00:18boosted investor confidence. The tech-heavy Nasdaq saw futures rise 1.6, a surge that lifted
00:25NVIDIA stock in early trading. NVIDIA, which had dipped amid last week's tariff concerns,
00:32quickly regained ground. The rebound reflects growing optimism not just about global trade,
00:38but also AI demand and data center growth. Friday's sell-off followed former President
00:43Donald Trump's social media threats of a sweeping 50 tariff on European imports,
00:48sending shockwaves through Wall Street. However, on Sunday, Trump reversed course,
00:53delaying any tariffs until at least July 9th. He cited progress in negotiations,
00:59offering markets a temporary sigh of relief. With the threat postponed, SP500 futures jumped 1.5,
01:06the Dow gained 1.4, and NVIDIA was among the top pre-market gainers.
01:12In Europe, the FTSE 100 reopened with a 0.8 climb after a UK holiday. Germany's DAX rose 0.7,
01:20while France's CAC 40 added 0.2, signaling global confidence. But despite the bounce,
01:26not all sectors shared the joy. Tesla's European sales plunged for the fourth month in a row,
01:32raising concerns even as EV adoption accelerates. Still, for investors watching semiconductors and AI
01:39growth, NVIDIA remains the crown jewel. Its resurgence reflects deeper bets on the tech sector's
01:44long-term momentum. NVDA's rally is also a bellwether for how sensitive markets remain to political
01:50developments, especially as trade tensions and tariffs loom again in July. As the July 9th deadline
01:58approaches, all eyes will remain on Washington, Brussels, and Wall Street tickers like NVIDIA.
02:03One thing is clear, in this high-stakes trade drama, tech stocks like NVIDIA are playing the leading role.
Comments