The S&P 500 Index ($SPX) (SPY) today is up +1.73%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.88%. June E-mini S&P futures (ESM25) are up +1.71%, and June E-mini Nasdaq futures (NQM25) are up +1.82%.
Stock indexes are climbing today, hoping President Trump is adopting a softer stance toward his tariff policies. Last Friday, President Trump said he would temporarily exempt consumer electronics from reciprocal tariffs and the baseline 10% global tariffs. However, a 20% tariff still applies to electronics shipped from China. Chip makers and technology are moving higher on the tariff news to lead the overall market higher.
