Trade talks boost sentiment, US stocks surge at open with all three major indices up sharply

TechFlow, May 12 — According to Jinshi Data, U.S. stock markets surged at the open, with the Dow up 2.6%, the S&P 500 nearly 3%, and the Nasdaq up 4%. Apple (AAPL.O) rose 5.8% after reports suggested it may raise prices for its upcoming fall iPhone lineup. Tesla (TSLA.O) gained 6.9%, while Nvidia (NVDA.O) climbed 5.1%. Pharmaceutical stocks declined at the open, with Lilly (LLY.N) down 0.9% and Novo Nordisk (NVO.N) down 2.4%.