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Treasury Secretary Scott Bessent's comments and news of the resumption of H20 chip sales to China have excited Wall Street.
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Dow falls 300 points on earnings, inflation concerns; Nvidia boosts Nasdaq: Live updates CNBCStock market today: S&P 500, Nasdaq climb on Nvidia boost, with CPI inflation, bank earnings in focus Yahoo FinanceNvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions The New York TimesStock Market Today: S&P 500, Nasdaq Hit Records After Bank Earnings; Inflation Meets Forecasts — Live Updates The Wall Street Journal
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The tech giants said they can resume selling high-end semiconductors to China, in what appears to be a major about-face for the Trump administration.
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Apple expands U.S. supply chain with $500 million commitment to American rare earth magnets AppleMP Materials stock rips 23% higher after $500 million Apple deal for rare earth magnets CNBCAmerica's Biggest Rare-Earth Producer Makes a Play to End China's Dominance - WSJ The Wall Street JournalApple backs Trump rare earth minerals push, invests $500M in US mine
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America's bullish stock market is at odds with Trump's policy agenda
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