The Dow Jones Industrial Average surged 455 points, or 1%, on Tuesday as investors breathed a sigh of relief over President Trump’s more measured approach to tariffs. This shift in tone came after Trump signed several executive orders on Inauguration Day, sparking concerns about potential trade wars. Despite this, Trump avoided implementing harsher tariff policies, which he had discussed during his presidential campaign. The positive news also supported recent earnings reports from major companies.
Source: https://www.yahoo.com/news/m/01a1cb75-8f98-3dcd-9ad8-d66fdd9f9358/dow-soars-450-points-as.html