On Friday, US Wall Street stocks surged after three consecutive days of positive developments.
All three major indexes showed gains following the boost from positive quarterly results from AI software firm ServiceNow which lifted shares of seven AI-related megacap companies.
The Dow Jones Index rose 1.23%, the S&P 500 rose 2.03% while the tech-focused Nasdaq gained 2.74%.
The rise in the major indexes was also driven by Beijing's action to urge the US to cancel tariffs on China after US Treasury Secretary Scott Bessent expressed the White House's willingness to ease US tariff tensions.
The Republic of China claims that there have been no discussions by the US to ease the tariff war between the two world powers.
However, US President Donald Trump denied the following issue by saying that trade talks between the US and China were underway yesterday.
Investors are anxiously awaiting the US-China conflict, which plans to reach an amicable settlement.
Overall, US stock market trading volume recorded $14.95 billion, compared to an average of $19.15 billion over the full 20 trading days.
