The global financial markets have been impacted by a tariff tsunami, and U.S. President Donald Trump has recently changed his stance towards China and the Federal Reserve. While policy uncertainties remain high, signs of easing in the U.S.-China trade war have allowed the Taiwan stock market to catch its breath. This week, the market has risen by 477 points, or 2.46%, breaking a four-day losing streak, and on Friday, it closed at 19,872 points, eyeing the 20,000 mark.

With many companies set to hold earnings calls next week, market attention on the Taiwan stock market's movements is increasing. On the 25th, the weighted index briefly touched 20,000 points, finishing at 19,872.73 points, an increase of 393.92 points, or 2.02%, recovering above the monthly average. The three major institutional investors collectively bought NT$21.375 billion, with TSMC exceeding 11,000 lots in buy-ins.

The total market capitalization of listed companies rose back to NT$63.9291 trillion, an increase of about NT$1.5 trillion from last week. Meanwhile, U.S. stocks (as of the 25th) continued their rebound, with the Dow Jones Industrial Average rising by 20.1 points, the NASDAQ by 216.9 points, the S&P 500 by 40.44 points, and the Philadelphia Semiconductor Index by 43.42 points.

In individual stocks, TSMC's ADR rose by 0.56%, NVIDIA jumped 4.3%, and Tesla soared by 9.8%. Furthermore, according to the statistics from the stock exchange, the industry index showed that the information services sector gained the most this week, rising 5.54%, while the utilities sector saw the largest drop at 1.99%.

Additionally, companies such as Delta Electronics, AUO, United Microelectronics, and MediaTek are set to hold earnings explanation meetings next week, where Q1 revenue performance and tariff impacts will be closely monitored. Regarding the outlook for the Taiwan stock market, analysts from various institutions indicate that a cooling off of the U.S.-China tariff battle might stabilize international stock markets, allowing Taiwan's stock market to recover past 19,000 points after experiencing volatility. However, for further upward movement, additional positive news is likely needed. The biggest uncertainty currently appears to be the future of chip tariffs.

According to various media reports, some industry experts believe that for the Taiwan stock market to regain the 20,000 point level, there remains room for further upward adjustment, but caution must be exercised due to the shifting policies of Trump.