<figure id="attachment_3034316" aria-describedby="caption-attachment-3034316" style="width: 1600px" class="wp-caption alignnone"><img loading="lazy" class="size-full wp-image-3034316" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/04/1bbc2c16-wall-street-7.jpg" alt="Wall Street" width="1600" height="1000" /><figcaption id="caption-attachment-3034316" class="wp-caption-text">US auto companies, including GM and Ford, gained after Donald Trump indicated help for carmakers affected by his 25% tariff. (EPA Images pic)</figcaption></figure>
NEW YORK: Wall Street stocks finished solidly higher Monday as markets greeted more conciliatory signs from the Trump administration on trade, including exemptions for key electronics.
&#8220;The market is reacting to a couple of glimmers of hope,&#8221; said Art Hogan of B Riley Wealth Management, pointing to the policy on electronics after Trump last week suspended for 90 days last hard-hitting tariffs.
&#8220;We&#8217;re slowly starting to stitch together some scenarios that are better than the worst-case scenario,&#8221; said Hogan, who is hopeful for trade accords that could be used by Trump to claim victory.
The Dow Jones Industrial Average ended up 0.8% at 40,524.79.
The broad-based S&amp;P 500 also climbed 0.8% to 5,405.97, while the tech-rich Nasdaq Composite Index jumped 0.6% to 16,831.48.
Trump has insisted no country will be getting &#8220;off the hook&#8221; on tariffs, while other members of his administration have said levies on semiconductors are still coming soon.
But shares of Apple, which were battered in the days just after Trump&#8217;s April 2 tariff announcement, climbed 3.7%.
US auto companies including General Motors and Ford also won big gains after Trump said he was &#8220;looking at something to help some of the car companies&#8221; hit by his 25% tariff on all auto imports.
Elsewhere, Goldman Sachs jumped 1.9% after reporting better than expected earnings on a jump in equity trading revenues.
This week&#8217;s earnings schedule includes reports from Citigroup, United Airlines, UnitedHealth Group and Netflix.
The calendar also includes a report on March retail sales and a European Central Bank monetary policy meeting.

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