📈 Tech Gets a Tariff Timeout—But the Chaos Isn’t Over

Markets Catch a Break. But Don’t Get Too Comfortable.

📊 Market Snapshot:

• S&P 500: 🔺+0.79%

• Nasdaq: 🔺+0.64%

• Dow Jones: 🔺+0.78% (📈 +300pts)

• Apple ($AAPL): 🚀 +2.2%

• Palantir ($PLTR): 🔥 +4.6%

• Nvidia ($NVDA): Holding ground after tariff drama

• 10-Yr Treasury Yield: ⬇️ 4.36%

• Dollar Index: 🧊 Slipping lower

🔧 What’s Driving Markets?

✅ Apple, Nvidia & Big Tech got a surprise tariff reprieve over the weekend — smartphones, laptops, and chips temporarily spared

✅ $AAPL soared on the news, adding +2% Monday as investors cheered a possible lifeline for Cupertino

✅ Palantir spiked after NATO locked in a deal for its AI-powered military system (MSS NATO)

But don’t get it twisted—this relief rally is built on sand:

🚨 Trump said “no exceptions” are permanent
🚨 Commerce Sec. Lutnick warned more electronics tariffs are coming
🚨 Markets trimmed gains late in the day as the reality check set in