Dow Surges Over 1,000 Points Amid Strong Earnings and Eased Trade Tensions

U.S. stocks rebounded sharply on Tuesday, with the Dow Jones Industrial Average surging over 1,000 points and the S&P 500 and Nasdaq each gaining about 2.7%, marking their strongest single-day performance in weeks. The rally was fueled by better-than-expected corporate earnings from major companies like 3M, GE Aerospace, and several banks, as well as optimism following Treasury Secretary Scott Bessent's comments suggesting a potential easing of U.S.-China trade tensions. Investors were also encouraged by temporary tariff exemptions on certain electronics and auto parts, which boosted technology stocks such as Nvidia and Tesla. The market's gains came after a steep selloff the previous day, which was triggered by trade worries and critical remarks from former President Trump about Federal Reserve Chair Jerome Powell. Despite lingering uncertainty over tariffs and the Fed's direction, all sectors participated in the rally, and a drop in bond yields provided additional support for growth stocks. Overall, the rebound reflected cautious optimism amid ongoing concerns about trade policy and monetary leadership.