How major US stock indexes fared Tuesday, 2/4/2025

Calm returned to Wall Street, and tech stocks led U.S. indexes broadly higher. The S&P 500 rose 0.7% Tuesday, a day after swinging sharply on worries that President Donald Trump’s tariffs could spark a trade war that would hurt economies around the world. The Dow Jones Industrial Average rose 0.3%, and the Nasdaq composite climbed 1.4%. Trump on Monday agreed to delay tariffs on Canada and Mexico for a month but is pressing ahead against China, which announced retaliatory tariffs. Palantir Technologies helped lead the S&P 500 following a strong profit report.