Get the Full Story, Without the Noise.
Published loading...Updated

S&P 500 Rallies 2% as Wall Street's Roller-Coaster Ride Whips Back Upward

  • The S&P 500 surged 2% on Tuesday in New York following President Trump’s announcement of delayed tariffs on the European Union.
  • The market rebound followed Trump’s decision to postpone a 50% tariff originally set for June 1 to July 9 amid ongoing trade tensions with the European Union.
  • This rally built on earlier gains after Trump paused tariffs on China, supported by a Conference Board report showing a widespread rise in U.S. Consumer confidence in May.
  • Key drivers included Nvidia’s 3.2% gain fueled by AI growth and Salesforce’s planned $8 billion purchase of Informatica, while Treasury yields eased to 4.44%.
  • The market’s recovery suggests cautious optimism about trade negotiations, but concerns about tariff uncertainty and economic stress remain on Wall Street.
Insights by Ground AI
Does this summary seem wrong?

72 Articles

All
Left
16
Center
29
Right
6
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Benzinga broke the news in New York, United States on Tuesday, May 27, 2025.
Sources are mostly out of (0)