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 NewsCore Inflation Rate MoM for Apr in United States is 0.2%, higher than the previous value of 0.1%. The forecast was 0.3%.Other chip stocks also elevated, with AMD (AMD.US) , Broadcom (AVGO.US) , and Qualcomm (QCOM.US) jumping up 5%-6%.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)