🚀 Tariff Pause Pops the Market: Wall Street Cheers Trade Talks & Tech Tailwinds 📈
Tariff timeout, yield relief, and a tech surge send stocks flying—but the real tests are still ahead.
📊 Market Recap: Markets Rip as Tariff Threats Cool
After last week's yield panic and tariff turmoil, investors got a Tuesday treat: a tariff timeout and a consumer confidence comeback.
Dow Jones: 🔺1.78% (📈 +740 pts!)
S&P 500: 🔺2.05%
Nasdaq: 🔺2.47% (Tech said: “We’re back, baby!”)
Trump put the brakes on a planned 50% tariff hike on EU imports, giving trade talks another chance. Wall Street took that as a green light to pile back into risk.
🇺🇸 Tariff Truce (For Now)
Trump agreed to pause the tariff hike on EU goods until July 9, opening the door for "fast-tracked" negotiations. This shift—just days after his Apple tariff threat—helped ease fears of a full-on trade war with Europe.
Luxury and industrial names rebounded as trade optimism returned to the tape.
"Just a little trade whiplash to keep us humble." – every investor, probably
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