Dow Rises 500 Points, Nasdaq Up 2% After Trump Turns Down the Heat on Tariffs
From Barron’s: 2025-05-27 10:44:00
President Trump’s tariff threats are causing uncertainty in the markets, but the recent rebound in stocks and consumer confidence suggests that a resolution could keep the rally going. The Dow Jones Industrial Average rose by 500 points (1.2%), the S&P 500 by 1.6%, and the Nasdaq Composite by 2%.
Stocks across every major S&P 500 sector are rallying, with technology, consumer discretionary, and communication services all up more than 1%. Main Street and Wall Street are closely watching developments to see if the heat from tariff threats will be turned off, potentially leading to further market gains.
Read more at Barron’s: Dow Rises 500 Points, Nasdaq Up 2% After Trump Turns Down the Heat on Tariffs