14 April 2025. U.S. tech stocks rallied sharply on Monday after former President Donald Trump announced a temporary pause on tariffs for certain electronics, giving Wall Street a boost and offering short-term relief to tech manufacturers and consumers.

The Nasdaq surged 2%, leading the way, while the S&P 500 rose 1.5% and the Dow Jones gained 441 points (1.1%). Tech giants were among the top gainers—Apple jumped 5.3%, Nvidia added 2.3%, and Dell Technologies soared 5.9%.

The relief package applies to key consumer electronics like smartphones, laptops, and computer hardware. While the move calmed market nerves and delayed potential price hikes, officials confirmed it’s only a temporary measure. Commerce Secretary Howard Lutnick warned that new tariffs targeting imported semiconductors and other electronics may be introduced within two months, as part of ongoing efforts to reduce reliance on Chinese manufacturing.

Market analysts welcomed the short-term reprieve but noted that the tech sector remains vulnerable to policy shifts, especially with further trade actions still on the table.