Market Rebounds with Significant Gains

In a remarkable turnaround, major stock indexes on Wall Street surged on Tuesday, recovering from the previous day's downturn. Investors are keenly awaiting earnings reports from tech giants Alphabet, Intel, and Tesla, which are set to release their financial results this week.

Positive Quarterly Reports Fuel Optimism

A series of U.S. companies have already reported their quarterly figures, with most showing an increase in revenue and sales. This positive trend has contributed to the market's upbeat mood.

US-China Trade Relations in the Spotlight

Amid the market rally, US Treasury Secretary Scott Bessent expressed optimism about the de-escalation of US-China trade tensions, suggesting that an agreement might be on the horizon.

Indexes Show Strong Performance

By midday, the Dow Jones had jumped 2.75%, or 1,047 points, while the Nasdaq 100 and the S&P 500 also posted significant gains, soaring 2.85% and 2.68%, respectively.

Meanwhile, the euro experienced a slight decline against the dollar, trading at 1.14550.