US Stocks End Higher With Boost From Trump's Tariff Flip-Flops

Wall Street's main indexes ended higher on Monday, with the Dow and S&P 500 each gaining about eight-tenths of a percent, and the Nasdaq climbing more than six-tenths of a percent. Shares of Apple provided a boost after the Trump administration removed smartphones and other electronics from its tariffs on China over the weekend. Shana Orsic-Sizzle, founder and CEO of Bonnerian Capital Management, said the iPhone maker is one of several tech companies she remains bullish about amid the recent market volatility. For me as an investor, I'm looking at this market and I'm excited. You're never going to be able to pick the bottom. But what you do want to focus on are the names that you really liked before, trading much cheaper than they were and taking advantage of those opportunities. That may mean buying some today, and then if it goes down further, increasing that position. And for me, those are names like Nvidia, Apple, Vertiv, Leidos. U.S. companies have begun to report first-quarter results, and with tariff troubles looming, corporate executives may hold back on giving much guidance. Still, shares of Goldman Sachs rose after the bank reported higher first-quarter profit. Drugmakers such as Eli Lilly and AstraZeneca gained after Pfizer said it would end the And shares of Bristol-Myers Squibb fell in extended trading after the company said its experimental drug to treat a type of heart disease did not meet the main goals in a late-stage study.