U.S. Stocks Surge as Tech Giants Soar on Tariff Relief!

Holy smokes, the U.S. stock market kicked off the week with a bang, fueled by Wall Street's wild reaction to the latest tariff news that's got tech stocks flying high!

Apple, Nvidia, and Dell? Yeah, they were all rocketing upwards this Monday morning. Why? Because over the weekend, President Trump's crew dropped a bombshell: consumer electronics like smartphones and computers are off the tariff hook!

Mega cap tech investors are popping champagne, and it's not just AAPL, NVDA, and DELL feeling the love. Tesla and Intel? They're also riding the early gains wave!

With a packed week of earnings and more tariff drama on the horizon, the S&P 500 blasted off with a sizzling 1.7% gain right out the gate.

The Dow Jones? Up over 460 points at the open. And the tech-heavy Nasdaq? After a shaky start from those hefty 145% and 125% U.S. and China tariffs, it clawed back a solid 2.3% as markets opened on April 14.

But hold your horses, because despite the market's high spirits, U.S. Commerce Secretary Howard Lutnick threw a curveball on Sunday. He said electronics might still get hit with separate duties, even if they're off the original tariff list.

Wall Street's upbeat start vibes with what the experts were saying last week. Many think the sell-off after Trump's China tariffs might've been the bottom for stocks.

Mark Newton from Fundstrat Global Advisors? He's on board with that, telling CNBC the same thing.

While tech stocks like AAPL are partying, gold's had a bit of a breather. It's still near its all-time highs, but down nearly 1%.

Safe-haven assets are still drawing in the cautious crowd, but with tech stocks climbing, riskier bets like Bitcoin might just follow suit. Bitfinex analysts are betting BTC could outrun stocks as the market bounces back.

But don't get too comfy, because Trump's been tweeting on Truth Social that this tech stock tariff break isn't set in stone.

And hey, it's not just about tariffs this week. Earnings are in the spotlight too. After last week's strong bank reports, all eyes are on upcoming results from Goldman Sachs, Bank of America, and Citi.