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'Magnificent 7' Leap ~US$840B in Total Mkt Cap in Single Day
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Following the U.S. and China’s agreement to briefly cut most tariffs on goods, the market cap of the "Magnificent Seven" tech stocks collectively rallied USD837.5 billion on Monday.

Techs led the rally, with Amazon (AMZN.US) and Meta (META.US) both soaring approximately 8% for the day. Tesla (TSLA.US) shot up 6.8%. Apple (AAPL.US) swelled 6.3%. Nvidia (NVDA.US) spiked 5%. Alphabet (GOOG.US) and Microsoft (MSFT.US) advanced 2%-3%.

Related NewsUS Reportedly Wants to Axe Tariffs on CN Goods to as Low as 50%; White House: It's Mere Speculation
Other chip stocks also elevated, with AMD (AMD.US), Broadcom (AVGO.US), and Qualcomm (QCOM.US) jumping up 5%-6%.
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