Market Rally Follows Trump's Return to the White House

In a remarkable display of market optimism, major U.S. stock indexes closed significantly higher on Tuesday, buoyed by President Donald Trump's official return to the White House. The Dow Jones Industrial Average surged by 1.24%, or 538 points, while the Nasdaq 100 and S&P 500 also posted gains of 0.58% and 0.88%, respectively.

Investor confidence was bolstered by Trump's swift action, signing 42 executive orders on his first day in office, signaling a proactive approach to governance. Anticipation is building for his first press briefing, where he is expected to unveil a major artificial intelligence investment plan, further fueling market enthusiasm.

Earnings Reports and Currency Movements

As the market anticipates the earnings reports from Netflix Inc. and United Airlines Inc., due after the closing bell, the euro remained steady against the dollar, trading at $1.04187 by late afternoon. This stability in currency markets reflects a cautious optimism as investors digest the implications of the new administration's policies.