Stocks Soar Post-Memorial Day: Dow Jumps 400+ Points!

Tariff Delays Spark Rally Across Global Markets

Holy smokes, the market's on fire! The Dow, S&P 500, and Nasdaq all rocketed up as stocks kicked off higher after the Memorial Day break. Talk about a bangin' start to the week!

Investors are hyped up on the latest tariff drama, with President Trump hitting pause on the threatened 50% tariffs against the EU. With the tariffs now possibly hitting on July 9, Asian and European markets are partying hard. U.S. stock futures? They're not just picking up; they're straight-up surging!

The Dow? Up over 400 points when the bell rang on Tuesday! The S&P 500? Jumped 1.1% like it was nothing. And the Nasdaq? Up about 1.3% as stocks kicked off the holiday-shortened week in style.

The buzz is all about a potential U.S.-EU deal, adding to the agreements with China and the UK. Global stocks are popping off with these deals. Remember when the Dow soared over 1,000 points and the S&P 500 went on a six-day winning streak? That was wild!

Trump's tariff delay is giving the market a major boost, and investors are all smiles as Treasury yields take a dive. When the market opened, the 30-year yield dropped to 4.96%, and the 10-year yield was chilling around 4.47%.

The dollar's flexing its muscles too, as investors chew over news that Japan might soon cut back on its bond sales. But that's not all—keep an eye out for some big economic data dropping this week, plus what the Federal Reserve bigwigs have to say.

Oh, and don't forget Trump's tax bill and those upcoming earnings reports from Nvidia and others. It's gonna be a wild ride!

Jeremy Siegel, that Wharton School of Business professor and chief economist at Wisdom Tree, is feeling bullish despite the tariff mess. He dropped this on CNBC: "Tariffs are going to hopefully be no worse than 10% across the board and 30% with China. We can deal with that."

And let's not leave out crypto—Bitcoin's clawing its way back to $110k, and Ethereum's up 3% to $2,665. Just last week, Bitcoin hit a mind-blowing all-time high above $111k. The crypto world's on the move, folks!