FX.co ★ US Futures Steady After Strong Rally

U.S. stock futures remained stable on Tuesday following a robust rally in the major indices, spurred by optimism that the Trump administration could adopt a more focused strategy regarding tariffs. On Monday, the Dow Jones Industrial Average increased by 1.42%, the S&P 500 rose by 1.76%, and the Nasdaq Composite advanced 2.27%. Ten of the eleven S&P sectors posted gains, with consumer discretionary, consumer staples, and energy sectors leading the way. Technology giants showed exceptional performance, with Tesla soaring 11.9%, Nvidia rising 3.2%, Palantir increasing 6.4%, Meta gaining 3.8%, and Amazon climbing 3.6%. Speculation indicated that certain industry-specific tariffs might not be included in the administration’s anticipated April 2 implementation, although officials stressed that no definitive decisions had been reached. This potential policy adjustment was well-received by investors, following weeks of market volatility fueled by recession concerns and weak consumer sentiment.