US Stocks Rally as Corporate Earnings and Tariff Hopes Boost Market Sentiment

In a surprising turn of events, the United States stock market indexes climbed higher on Tuesday, reversing an initially lower opening. This uptick was fueled by robust corporate earnings reports and growing optimism over potential easing of auto tariffs by US President Donald Trump.

Market Highlights: By 1:51 pm ET, the Dow Jones had surged by 0.87%, equivalent to a 350-point increase. Similarly, the Nasdaq 100 and the S&P 500 saw gains of 0.54% and 0.60%, respectively. Meanwhile, the euro experienced a slight dip, trading 0.21% lower against the dollar at $1.13975.