U.S. stock futures are rising as investors parsed the latest developments on tariffs, which include exemptions on computers, smartphones, and semiconductors; Commerce Secretary Howard Lutnick says the exemptions may be only temporary; Apple ( AAPL ), Dell ( DELL ), and Nvidia ( NVDA ) shares are surging on the tariffs exemption news; Goldman Sachs ( GS ) stock is rising after the bank reported first-quarter results that mostly topped estimates; and gold ( XAUUSD ) is in focus after hitting record highs amid tariff uncertainty. Here's what investors need to know today.

1. US Stock Futures Jump as Investors Digest Tariff Exemptions

U.S. stock futures are rising as investors review the implications of a White House tariffs exemption on some electronics and prepare for earnings this week from big financial and tech firms. Nasdaq futures are 1.5% higher after a week in which the tech-heavy index surged 7.3% for its best weekly gain since 2022 . S&P 500 futures are up 1.3% and Dow Jones Industrial Average futures are about 1% higher after the indexes posted weekly gains of 5.7% and 5%, respectively. Bitcoin ( BTCUSD ) is trading higher at more than $84,500. Yields on the 10-year Treasury note are down at around 4.45%. Oil futures are up more than 1%.

2. US Exempts Smartphones, Computers, Chips From Tariffs

The U.S. laid out tariff exemptions on smartphones, computers, and semiconductors, though a top U.S. official said that they could be temporary. After President Donald Trump hinted at tariff exemptions in comments late Friday, the U.S. Customs and Border Protection followed up with guidance that laid out the specific electronic items exempt from Trump's "reciprocal" tariffs . On Sunday, Commerce Secretary Howard Lutnick said on ABC News' "This Week" that the exemptions could be temporary . "They're exempt from the reciprocal tariffs but they're included in the semiconductor tariffs, which are coming in probably a month or two. So, these are coming soon," Lutnick said.

3. Apple, Dell, Nvidia Stocks Rise on Tech Tariff Exemptions

Shares of U.S. tech companies are moving higher in premarket trading on the news that several electronic devices and components would be exempt from tariffs on foreign trading partners. Shares of Apple ( AAPL )—which makes roughly 90% of its products in China—are nearly 6% higher after surging last week , and those of computer maker Dell ( DELL ) are up by a similar percentage. Chipmaker Nvidia ( NVDA ) stock is moving higher by 3%. Stock markets in Europe and Asia also rose on news of the tariffs exemptions.

4. Goldman Sachs Stock Rises After Q1 Results Mostly Top Estimates

Goldman Sachs ( GS ) shares are rising 3% in premarket trading after the bank reported first-quarter results above expectations. The firm reported earnings per share (EPS) of $14.12 on revenue of $15.06 billion, while analysts surveyed by Visible Alpha expected $12.33 and $14.78 billion, respectively, although net interest income of $2.90 billion came up short of projections. "While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients," Goldman Sachs CEO David Solomon said.

5. Gold in Focus After Hitting Record Highs as Investors Seek Safe Havens

Investors are watching prices of gold ( XAUUSD ) as the precious metal continues to hit record highs . Gold futures are down slightly early Monday but still trading above $3,200 an ounce after it gained 6% last week, helping push the yellow metal to gains of around 23% year-to-date. Investors have flocked to the safe-haven asset as concerns about an intensifying global trade war continue to place downward pressure on the dollar and Treasury bonds amid diminishing faith in the U.S. as a reliable trading partner.

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