Wall Street reacted positively to the latest trade tariff moves from the Trump administration on Monday, with the Dow Jones futures gaining more than 300 points and the Nasdaq 100 futures jumping over 1.7%. The Customs and Border Protection agency revealed some electronics, including semiconductors and smartphones, will temporarily be exempt from tariffs, offering relief to the tech sector.

The Dow Jones futures rose by 0.80% or 325 points at 4:18 am ET, the Nasdaq 100 jumped 1.75% or 330 points and the S&P 500 grew by 1.30%.

The euro traded 0.41% higher against the dollar and went for 1.14018 at 4:28 am ET.