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As US, China reach a trade truce, these are the stocks to buy or avoid

Sectors such as Malaysian gloves will take a hit; overall positive outlook kept for one-year horizon by analysts

Chloe Lim
Published Fri, May 16, 2025 · 12:30 PM
    • While the tech space has met with significant recovery after a drastic slump, as Magnificent Seven counters added around US$837.5 billion in market value with Monday’s tariff pause, analysts are still wary about several big-name tech stocks.
    • While the tech space has met with significant recovery after a drastic slump, as Magnificent Seven counters added around US$837.5 billion in market value with Monday’s tariff pause, analysts are still wary about several big-name tech stocks. PHOTO: PIXABAY

    [SINGAPORE] Markets have experienced wild swings since US President Donald Trump slapped tariffs on the country’s trading partners.

    Globally, US and other major markets have sold off with investors piling back into stocks again as Trump makes decisions to slap fresh additional tariffs, and delay tariffs.

    In the latest, markets have rallied since the US and China took a pause on the large tariffs placed on goods from each country on Monday (May 12).

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