Markets are showing optimism towards trade deal progress, which is reflected in rising stock prices. Nvidia is up 2%, nearing a $4 trillion market cap. President Trump's tariff on copper imports has pushed prices to all-time highs, with copper seeing a 17% increase. Energy stocks are leading the market with a 2.7% gain. Apple is trading flat, with comments suggesting it feels impervious to tariffs. Overall, major averages are showing positive movement, indicating a favorable trading morning.
The markets are seeing signs of optimism for trade-deal progress, sending stocks higher across the board out of the gate.
Nvidia ( Nasdaq; NVDA) is up 2%, inching closer to the coveted $4 trillion market cap level.
Copper, which is in demand amid the transition to clean energy, soared by 17% to its biggest one-day gain in decades.
Energy stocks are trading strong, posting a 2.7% gain as a group.
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