The Magnificent Seven megacap stocks have tacked on an astonishing $3.57 trillion combined market value since April 8, powered by a sweeping reversal in global trade sentiment following the 90-day tariff pause and U.S.-China trade truce.
Notably, $1.2 trillion of that gain has occurred in just three days after the May 12 U.S.-China de-escalation.
From Tariff Panic To Trillion-Dollar Gains
The rally began after the April 9 announcement of a 90-day pause on new tariffs—just one week after the U.S. introduced broad trade measures that had roiled global markets.
Optimism built steadily as Treasury Secretary Scott Bessent hinted at major trade progress with several partners.
In May, two major diplomatic breakthroughs:
- May 7: A U.S.-UK trade …