Dow, S&P 500, Nasdaq futures jump as tech gets a temporary tariff reprieve
Global tech stocks and chipmakers rose in premarket trading Monday after the Trump administration published tariff exemptions on smartphones, computers, and other electronics — though Trump and his top officials muddied that message over the weekend, suggesting the reprieve would be temporary. As my colleague Jenny McCall details below, Apple (AAPL) was a top mover Monday morning, rising 5.5% on the exemptions. Apple also led global smartphone sales in the first quarter, according to Reuters, due to the iPhone 16e launch and strong demand in Japan and India. Best Buy...