The S&P 500 Index ($SPX) (SPY) Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.53%. June E-mini S&P futures (ESM25) are up +0.23%, and June E-mini Nasdaq futures (NQM25) are up +0.63%.
Stock indexes on Tuesday settled higher, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 posting 2-week highs. Stocks extended Monday's sharp gains in hopes that next week's upcoming US reciprocal tariffs would be more targeted than previously stated and narrower than initially planned, with Mr. Trump saying, "I may give a lot of countries breaks." Tuesday's strength in the Magnificent Seven stocks supported gains in the broader market. Stock indexes fell back from their best levels after US Mar consumer confidence fell more than expected to a 4-year low, boosting concerns about an economic slowdown.
