US open: Stocks higher as Trump delays EU tariffs
By Iain Gilbert
Date: Tuesday 27 May 2025
(Sharecast News) - Major indices were in the green early on Tuesday after Donald Trump agreed to delay tariffs of 50% on imports from the European Union.
As of 1525 BST, the Dow Jones Industrial Average was up 1.07% at 42,048.55, while the S&P 500 advanced 1.47% to 5,888.17 and the Nasdaq Composite came out of the gate 1.95% firmer at 19,101.87.
The Dow opened 445.48 points higher on Tuesday, more than erasing losses recorded in the previous session after Trump called for fresh tariffs on the EU and technology giant Apple ahead of the Memorial Day long weekend.
On Tuesday's macro slate, US durable goods orders plunged by 6.3% in April to $296.3bn, according to the Census Bureau, the sharpest decline since January 2024, although slightly softer than market expectations of a 7.8% drop.
Elsewhere, S&P Case-Shiller's home price index increased to 338.39 in March, up from 335.08 points in February, while consumer confidence surged to 98.0 in May, according to the Conference Board, a 12.3-point increase month-on-month and significantly better than the consensus estimates of 86.0.
Still to come, the Dallas Federal Reserve's May manufacturing business index will follow at 1530 BST.
In the corporate space, identity and access management firm Okta will report earnings after the close on Tuesday, while the likes of Nvidia, Macy's and Costco were all slated to report before the end of the week.
Reporting by Iain Gilbert at Sharecast.com
Dow Jones - Risers
Goldman Sachs Group Inc. (GS) $610.16 1.94%
Nike Inc. (NKE) $61.15 1.89%
Amgen Inc. (AMGN) $276.79 1.89%
Dow Chemical Co. (DOW) $28.83 1.78%
Microsoft Corp. (MSFT) $457.98 1.73%
Intel Corp. (INTC) $20.39 1.67%
Apple Inc. (AAPL) $198.37 1.59%
American Express Co. (AXP) $289.15 1.38%
Walt Disney Co. (DIS) $111.19 1.34%
Caterpillar Inc. (CAT) $347.61 1.23%
Dow Jones - Fallers
Unitedhealth Group Inc. (UNH) $293.12 -0.83%
Merck & Co. Inc. (MRK) $77.32 -0.34%
McDonald's Corp. (MCD) $313.61 -0.31%
Walgreens Boots Alliance, Inc. (WBA) $11.15 -0.13%
Johnson & Johnson (JNJ) $152.84 -0.07%
Dowdupont Inc. (DWDP) $0.00 0.00%
Coca-Cola Co. (KO) $71.84 0.10%
Verizon Communications Inc. (VZ) $43.38 0.15%
3M Co. (MMM) $147.85 0.16%
Chevron Corp. (CVX) $136.86 0.23%
S&P 500 - Risers
VF Corp. (VFC) $12.98 8.21%
CenturyLink Inc. (LUMN) $3.92 5.38%
Tapestry Inc. (TPR) $80.17 4.29%
Carnival Corp. (CCL) $23.20 4.29%
United Airlines Holdings Inc (UAL) $77.84 4.27%
Royal Caribbean Cr (RCL) $250.38 4.27%
Ross Stores Inc. (ROST) $142.95 4.14%
Advanced Micro Devices Inc. (AMD) $114.68 3.97%
Fluor Corp. (FLR) $42.58 3.76%
PVH Corp. (PVH) $85.06 3.74%
S&P 500 - Fallers
AutoZone Inc. (AZO) $3,723.25 -2.70%
Nektar Therapeutics (NKTR) $0.64 -2.19%
Kroger Co. (KR) $67.42 -1.71%
Newmont Corporation (NEM) $52.77 -1.64%
Yum! Brands Inc. (YUM) $143.65 -1.24%
Helmerich & Payne Inc. (HP) $15.27 -1.20%
Albemarle Corp. (ALB) $56.96 -1.13%
CIGNA Corp. (CI) $312.97 -0.96%
Keycorp (KEY) $15.51 -0.93%
Dollar General Corp (DG) $100.47 -0.90%
Nasdaq 100 - Risers
Tesla Inc (TSLA) $355.92 4.89%
Ross Stores Inc. (ROST) $142.95 4.14%
Henry Schein Inc. (HSIC) $74.29 3.68%
Align Technology Inc. (ALGN) $177.08 3.68%
Microchip Technology Inc. (MCHP) $58.16 3.51%
Asml Holdings N.V. (ASML) $757.25 3.38%
NetEase Inc. Ads (NTES) $123.50 3.13%
KLA-Tencor Corp. (KLAC) $780.72 3.11%
Broadcom Inc. (AVGO) $235.11 2.79%
Lam Research Corp. (LRCX) $83.29 2.75%
Nasdaq 100 - Fallers
JD.com, Inc. (JD) $32.69 -1.96%
Qvc Group Inc Series A (QVCGA) $3.94 -1.25%
Vodafone Group Plc ADS (VOD) $10.41 -0.53%
Electronic Arts Inc. (EA) $146.62 -0.18%
Walgreens Boots Alliance, Inc. (WBA) $11.15 -0.13%
Dish Network Corp. (DISH) $5.77 0.00%
Cerner Corp. (CERN) $0.00 0.00%
Xilinx Inc. (XLNX) $0.00 0.00%
Alexion Pharmaceuticals Inc. (ALXN) $0.00 0.00%
Maxim Integrated Products Inc. (MXIM) $0.00 0.00%
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