Big Market Gains on Tariff Delay, Improved Consumer Confidence
Tuesday, May 27, 2025The pause on EU tariffs announced over the weekend was the main story in today’s pre-market activity, and it remained so throughout the day. Although slightly off session highs intra-day, the Dow gained +740 points, +1.78%, the S&P 500 grew +118 points, +2.05%, the Nasdaq +461, +2.47%, and the small-cap Russell 2000 — which has lagged the other major indexes — won the day: +50 points, +2.48%.Aside from the 50% tariff pause on EU imports for the next six weeks (with the idea that negotia ...