By coinnews 
00:00 Speaker A
It’s time for Yahoo! Finance’s Market Minute. U.S. stocks are soaring as President Trump announces a 90-day pause on tariffs for most countries, leaving them at 10% while raising levies on China to 125%. Chip stocks surging, in particular, as the entire market rips higher. Names like Nvidia, Broadcom, AMD all rallying after this pause. The Russell 2000 also getting a leg higher, as small caps rally. They’re gaining almost 7%, about 6.5%. That index had been in a bear market over concerns of a full-blown trade war affecting the economy and entered a bear market in the last few sessions. The 10-year Treasury yield rising in a volatile trading session, but retreating from its highs following a bond auction earlier today which did signal strong demand and easing concerns about the appetite for U.S. debt. Yields not reacting much to President Trump’s tariff news as of yet. And that’s your Yahoo! Finance Market Minute. For more on what’s trending on Yahoo! Finance, scan the QR code below to track the best and worst performing stocks of the session.