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.

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,

US and European stock markets mostly rose on Tuesday as cool US inflation data reassured concerns about the economy. Data released on Tuesday showed US consumer inflation cooled slightly in April even as President Donald Trump's sweeping tariffs came into force.

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.

U.S. stock index futures rose following a lower-than-expected inflation report, suggesting potential Federal Reserve rate cuts. Inflation rose 0.2% in April monthly and stood at 2.3% annually, under economist expectations.

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

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,

US stocks dropped as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs.

Treasury yields hold firm as jobless claims rise, with markets eyeing Friday’s payrolls report. Here's what we're seeing.