Big Tech drives Wall St rally after wild, wild week

Stock traders threw caution to the wind and sent tech companies rallying, in a high-stakes bet that Trump is adopting a softer stance toward the sector in his disruptive trade war. With the White House signalling a tariff reprieve on key consumer electronics, the S&P climbed over 1%, led by tech megacaps. Treasuries rose and the dollar stabilised after last week's selloff sparked fears about demand for US havens. Apple extended a two-day surge to about 7.5% while Nvidia paced gains in chipmakers. Goldman Sachs jumped as stock traders posted their highest revenue haul on record.