Core Viewpoint - The article discusses the positive impact of President Trump's decision to cancel tariffs on Europe related to Greenland, which led to a rebound in U.S. stock markets and a shift in investor sentiment towards growth stocks [1][4]. Market Performance - The Dow Jones Industrial Average rose by 588.64 points, or 1.21%, closing at 49,077.23 points; the Nasdaq increased by 270.50 points, or 1.18%, to 23,224.82 points; and the S&P 500 gained 78.76 points, or 1.16%, ending at 6,875.62 points [2]. Tariff Cancellation - Trump announced the cancellation of a planned 10% tariff on goods from eight NATO member countries, which was set to take effect on February 1, due to a productive discussion with NATO Secretary General Mark Rutte [3][4]. Investor Sentiment - Following the tariff suspension, there was a reversal of the "sell America" trade, with investors returning to favored growth stocks, particularly in the technology sector, including Nvidia and AMD [4]. Financial Sector Reaction - Bank stocks saw an uptick, with Citigroup and First Capital Financial each rising by approximately 1% after Trump's comments regarding a proposed 10% cap on credit card interest rates, despite uncertainty about legislative support [4]. Intel's Contract - Intel's stock surged by 11.72% after winning a significant contract from the U.S. Department of Defense, with a maximum limit of $151 billion for the SHIELD project, which is expected to drive strong demand for its server chips [9][10]. Sector Performance - The financial sector generally saw gains, with regional banks rising over 3% and major banks like American Express and UBS increasing by over 2% [11]. - Energy stocks also performed well, with Petrobras rising over 5% and Apache Oil increasing over 4% [11]. - Chinese concept stocks experienced a positive trend, with the Nasdaq Golden Dragon China Index rising by 2.21%, led by Baidu and Bilibili [11].
特朗普取消对欧关税威胁!美股收高!