US Stock Market Live | On Monday, the US markets closed strong due to the announcement of relief on tariffs. The Dow Jones Industrial rose by 312 points and closed at the level of 40,524.79. The NASDAQ Composite increased by 107 points, closing at 16,831.48. Meanwhile, the S&P 500 index rose by about 43 points, closing at 5,405.97.

Investors welcomed the fact that heavy tariffs imposed by Trump against China have been removed from smartphones and other electronics. Trump indicated on Monday that he may also grant exemptions for automobiles.

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