US stocks rise on Trump’s delayed tariff plan | CNN Business

New York CNN  — 

US stocks rallied higher Tuesday in the first full day of Donald Trump’s second presidency as traders absorbed a blizzard of executive orders that so far point to less aggressive action on trade.

The Dow rose by around 1%, or more than 420 points, in early afternoon trading. The S&P 500 gained 0.76% and the tech-heavy Nasdaq Composite moved higher by 0.56%.

President Trump said in an Oval Office signing ceremony Monday that his administration would levy a 25% tariff on Mexico and Canada starting February 1. He did not mention

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