Calm returned to Wall Street, and tech stocks led U.S. indexes broadly higher.
The S&P 500 rose 0.7 percent Tuesday, a day after swinging sharply on worries that President Donald Trump’s tariffs could spark a trade war that would hurt economies around the world. The Dow Jones Industrial Average rose 0.3 percent, and the Nasdaq composite climbed 1.4 percent.
Trump on Monday agreed to delay tariffs on Canada and Mexico for a month but is pressing ahead against China, which announced retaliatory tariffs. Palantir Technologies helped lead the S&P 500 following a strong profit report.
On Tuesday:
The S&P 500 rose 43.31 points, or 0.7 percent, to 6,037.88.
The Dow Jones Industrial Average rose 134.13 points, or 0.3 percent, to 44,556.04.
The Nasdaq composite rose 262.06 points, or 1.4 percent, to 19,654.02.
The Russell 2000 index of smaller companies rose 31.79 points, or 1.4 percent, to 2,290.20.
For the week:
The S&P 500 is down 2.65 points, or less than 0.1 percent.
The Dow is up 11.38 points, or less than 0.1 percent.
The Nasdaq is up 26.57 points, or 0.1 percent.
The Russell 2000 is up 2.51 points, or 0.1 percent.
For the year:
The S&P 500 is up 156.25 points, or 2.7 percent.
The Dow is up 2,011.82 points, or 4.7 percent.
The Nasdaq is up 343.22 points, or 1.8 percent.
The Russell 2000 is up 60.05 points, or 2.7 percent.
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