The major US stock indices are moving sharply higher in reaction to the more favorable EU tariff situation. Trump on Truth Social today posted:

The US trade policy is a "page-turner" with every page (i.e., day) telling a different story.

A snapshot of the markets shows:

• Dow Jones Industrial Average (DJI):
  ↑ 477.50 points (+1.15%) to 42,080.57

• S&P 500 Index (SPX):
  ↑ 89.99 points (+1.55%) to 5,872.81

• Nasdaq Composite Index (IXIC):
  ↑ 375.83 points (+2.01%) to 19,113.04

Looking at the NASDAQ index, Friday’s low found support near the rising 100-hour moving average, which also aligned with a key swing area between 18,598 and 18,831. That technical confluence helped stabilize the decline. Today, the price gapped higher, moving decisively away from that support zone. The next upside target comes in near 19,286, with last week’s high stalling just below that at 19,241. A break above that level would open the door to further bullish momentum.

The Nasdaq is being led by the following stocks:

1. TSLA (Tesla): +5.08%

2. ASML: +3.55%

3. NVDA (Nvidia): +2.98%

4. TXN (Texas Instruments): +2.81%

5. QCOM (Qualcomm): +2.74%

6. GOOGL (Alphabet): +2.46%

7. PLTR (Palantir): +2.55%

8. AVGO (Broadcom): +2.13%

9. CDNS (Cadence Design): +2.13%

10. MU (Micron Technology): +2.01%

For the Dow, the top 5 gainers are:

1. NKE (Nike): +3.07%

2. AMGN (Amgen): +2.11%

3. AXP (American Express): +1.92%

4. DIS (Disney): +1.85%

5. GS (Goldman Sachs): +2.20%