American actions ended on Monday, showing resilience despite the increase in trade tensions between Washington, Beijing and Brussels.
The NASDAQ composite climbed 0.7%, while the S&P 500 added 0.4%. The industrial average of Dow Jones posted a marginal gain less than 0.1%.
The increase occurred after China postponed the accusation of President Trump that she had violated the commercial truce struck earlier this year.
Beijing blamed the United States for climbing tensions by tightening export orders on AI chips and restoring visas for Chinese students.
Meanwhile, the secretary of the Treasury, Scott Bessent, expressed his confidence that President Trump and Chinese President Xi Jinping will soon resume talks.
European officials have also criticized the United States in terms of plans to double steel and 50% aluminum rates from Wednesday, warning potential reprisals. A commercial delegation of the European Union is now in Washington to solve the problem.
Energy rally
Despite the geopolitical friction, the feeling of investors was supported by a rally in the energy sector. The energy index of the S&P 500 energy increased by 1%, fired by a leap of 2.8% of the prices of American raw oils following a drone strike by Ukraine on Russian military objectives. In addition, OPEC + has announced an increase in the food fixed for July, which has further fueled gains in the term contracts on oil and copper.
Treasury yields increased, the 10 -year yield of 4.461% and the 30 years reaching a key technical level. The dollar index has weakened, while the euro, the pound and the yen won.
The S&P 500 and the NASDAQ now watch the strongest in their month since 2023, reporting a renewed appetite for investors despite global uncertainties.
