Trade negotiations boost sentiment, US stocks open higher

According to BlockBeats, on May 12th, the three major US stock indexes opened with a sharp rise, with the Dow Jones Industrial Average up 2.6%, the S&P 500 index up nearly 3%, and the Nasdaq up 4%. Apple (AAPL. O) rose 5.8% after news that it is considering raising the pricing of its new autumn iPhone products. Tesla (TSLA. O) rose 6.9%, while Nvidia (NVDA. O) rose 5.1%.