U.S. stock futures soared Monday after the White House and Chinese officials reached a trade agreement, easing tensions between the world's two largest economies and fueling optimism across key sectors.
Apple (NASDAQ:AAPL) jumped 6.5% following the deal and a report from The Wall Street Journal indicating the tech giant may raise iPhone prices without directly attributing it to tariffs. Amazon (NASDAQ:AMZN) surged 7.6%, driven by its reliance on Chinese supply chains and the improved trade outlook.
Chinese stocks also gained significantly. Alibaba (NYSE:BABA), JD.com (NASDAQ:JD), and Baidu (NASDAQ:BIDU) all traded sharply higher, reflecting investor confidence in renewed U.S.-China cooperation.
Energy stocks rose alongside oil prices. Chevron (NYSE:CVX) and Exxon Mobil (NYSE:XOM) climbed about 2%, boosted by expectations of increased demand from the world’s top two oil consumers.
On the downside, pharmaceutical stocks slipped after President Donald Trump announced plans to slash prescription drug prices by 59%, though details remain unclear. Pfizer (NYSE:PFE), Eli Lilly (NYSE:LLY), and Johnson & Johnson (NYSE:JNJ) all declined over 2%. Additionally, Novo Nordisk (NYSE:NVO) fell 3% after Eli Lilly’s Zepbound outperformed Wegovy in a weight-loss drug trial.
Alphabet (NASDAQ:GOOGL) gained 2.8% following a DA Davidson analyst note suggesting that breaking up the Google parent company could unlock significant shareholder value.
Polestar (NASDAQ:PSNY) rose 3.7% after the EV maker posted a narrowed quarterly loss, signaling progress in cost-cutting and premium model sales. Monday.Com (NASDAQ:MNDY) rallied 5.9% after surpassing first-quarter earnings estimates and offering upbeat full-year guidance.
Overall, the market welcomed the trade truce, with tech, energy, and select growth stocks leading the rally.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 



