Best Buy is one of the biggest gainers in the S&P 500 on easing U.S.-China trade worries

Core Viewpoint - Best Buy Co. (NYSE:BBY) experienced a significant increase in share price, rising 6.8% in morning trading, effectively recovering from a previous decline linked to U.S.-China trade tensions [2] Company Summary - Best Buy Co. was the largest gainer in the consumer sector during Monday morning trading [2] - The share price increase completely offset the decline observed on Friday, which was attributed to concerns regarding the escalation of the U.S.-China trade battle [2] Industry Summary - The consumer sector is reacting positively, as evidenced by Best Buy's performance amidst ongoing trade concerns [2] - Tariffs are highlighted as a significant challenge for companies within the consumer sector [2]