Bull market rally says 'the worst is over'

Markets spiked up overnight over the US-China tariff 90-day deal, where US tariffs drop to 30% and China's to 10%. The Nasdaq Composite jumped 4.35%, with about two thirds of companies listed on the Nasdaq-100 up more than 3%. Commodities also rallied with iron ore near US$100, oil rising, but gold down. Of the big US tech stocks, Amazon, Meta, Apple, Nvidia, Tesla rallied more than 5% overnight.

Securities mentioned Fortescue Tesla Direxion Daily TSLA Bull 2X Shares ETF GraniteShares 2x Long TSLA Daily ETF Lululemon Athletica PDD Holdings Amazon.com Meta Platforms Apple Nvidia Alphabet Microsoft