The S&P 500 Index ($SPX) (SPY) today is up +3.05%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +3.01%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +3.39%. June E-mini S&P futures (ESM25) are up +3.04%, and June E-mini Nasdaq futures (NQM25) are up +3.16%.
Stock indexes today are sharply higher, recovering some of the enormous losses over the past three sessions that sent the S&P 500 falling nearly 15% from last Wednesday's close. Hopes of a tariff deal with Japan have sparked short covering in stocks after a call between President Trump and Prime Minister Ishiba late Monday spurred optimism that Japan might strike a trade deal with the US to reduce or avert a 24% levy on imports, set to come into effect Wednesday.
