US stocks end sharply higher on Trump's tariff reprieve
By Stephen
Culp
Tue May 27, 2025 4:25 PM
Once again, Trump has dialed back on his tariff threats, pausing the EU 50% tariff until July, subsequently causing all three indexes to surge into major 3-digit gains all around. As today’s expert summarized, “Investors have kind of figured Trump out a little bit. He’s like the poker player at the table that you know is making some bets and then when pressed by other players at the table, he folds.”
Also helping to boost the market was an unexpected 14% boost in consumer confidence. It is still too early to determine the tariff impact on inflation and labor so the Fed continues to maintain their position that there will be no rate change until that impact is known. Fed minutes are due tomorrow. Volume remains below the average of 17.7 billion, today coming in at 16.98 billion.
DJ: 41,603.07 -256.02 NAS: 18,737.21
-188.53 S&P: 5,802.82
-39.19 5/23
DJ: 42,343.65 +740.58 NAS: 19,199.16
+461.96 S&P: 5,921.54
+118.72 5/27
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