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Stock impact report

ZoomInfo, Upstart, F5, Procore Technologies, and Doximity Shares Skyrocket, What You Need To Know [Yahoo! Finance]

ZoomInfo Technologies Inc. (GTM) 
Company Research Source: Yahoo! Finance
A number of stocks jumped in the afternoon session after President Donald Trump eased concerns over escalating trade tensions with China, calming markets rattled by his earlier tariff threats. U.S. stocks rose sharply, with the Nasdaq-100 jumping nearly 2%, following a post on Truth Social where Trump suggested the trade conflict would not worsen. This shift in tone provided significant relief to investors, who had driven a sharp sell-off the previous Friday due to fears of higher tariffs. Technology companies with significant international supply chains and sales, such as AMD and Nvidia, led the market rally, with their shares climbing 4.2% and 3.4%, respectively. The broader market indexes, including the S&P 500 and the Dow Jones Industrial Average, also saw substantial gains, reflecting widespread optimism that a potentially damaging trade war might be averted. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Show less Read more
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