From Financial Modeling Prep: 2025-04-30 07:08:00

Stocks surged on Tuesday as the S&P 500 closed up 0.6%, the Dow jumped 300 points (+0.8%), and the Nasdaq Composite rose 0.6%. Treasury yields fell, and hopes for a trade deal were boosted by President Trump’s planned auto tariff reprieve and hints of a major trade agreement announcement.

President Trump provided relief for automakers by granting a short-term transition on auto tariffs, targeting only a small percentage of parts duties. Commerce Secretary Howard Lutnick suggested a major trade deal announcement is imminent, contributing to positive market sentiment.

Treasury yields decreased due to moderating U.S. inflation pressures, adding to the market rally. With earnings season in full swing, traders can monitor top volume leaders using the Market Most Active API to identify stocks driving market momentum. Despite the upbeat atmosphere, the White House criticized Amazon for displaying a tariff-cost breakdown on its site, emphasizing the ongoing impact of trade policy on the market.



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