The dollar fell and major U.S. stock indexes rose on Tuesday on news that U.S. consumer inflation picked up less than expected in April when President Donald Trump unveiled a raft of tariffs that has wreaked havoc on global markets.

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

The U.S. stock markets opened mixed due to varied investor reactions to the latest inflation figures and their potential influence on monetary policy. While inflation showed a moderate rise in April,

The S&P 500 and the Nasdaq closed higher on Tuesday for a second straight day after softer-than-expected inflation numbers added to investor optimism from Monday when the U.S. and China announced a trade truce.

Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.

US and European stock markets mostly rose on Tuesday as cool US inflation data reassured concerns about the economy.

Stocks rallied again Tuesday on easing inflation and tariff relief, pushing the S&P 500 into positive for 2025

Markets this week face inflation data, retail sales, Powell’s speech, and key earnings—setting the tone for trading and rate expectations.

The rally in stock futures began following high-level trade discussions in Switzerland, which US officials described as 'productive.' Dow Jones Industrial Average (YM=F) futures rose by over 400 points,