US stocks surge as a 90-day cease-fire in the US-China trade war boosts market optimism.

On May 14, 2025, US stocks opened higher following a 90-day cease-fire in the US-China trade war. The S&P 500 and Nasdaq saw significant gains, with the S&P 500 erasing its losses for the year and approaching its all-time high. Technology stocks, particularly Super Micro Computer and Advanced Micro Devices, saw substantial increases. However, cautious optimism prevailed as the temporary truce's longevity and impact on global trade remain uncertain.