News of easing trade tensions between the U.S. and the EU powered a 2% increase in the S&P 500, while the Nasdaq and Dow rose 2.5% and 1.8%, respectively. The yield on the 10-year Treasury note fell to 4.432%.

Investors have greeted any signs of easing tensions by driving markets higher, hopeful that the U.S. will be able to strike deals with little lasting damage to the economy.

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The Dow gained more than 700 points after the U.S. and the EU made progress on trade talks.

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Trader at the NYSE viewing stock market data on multiple monitors.

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Wall Street is betting that the worst of President Trump’s trade war is in the rearview mirror. 

The latest example came Tuesday, when news of 

 between the U.S. and the European Union powered a 2% increase in the S&P 500. It was the largest single-day gain since May 12, when a rollback of tariffs between the U.S. and China spurred an even larger 

Wall Street Bets the Worst of Trump’s Trade War Is Behind It

Dow gains more than 700 points after the U.S. and EU made progress on trade talks

Hannah Erin Lang

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An audience with Barbara Pozdorovkina: ‘Crypto rules will unleash digital demand’

Meet three of the top private equity lawyers in Europe

FN’s Rising Stars share when things have gone wrong

Blackstone taps White & Case for private equity deals lawyer

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Buyout firm turns to US law firm for European legal hire

Wells Fargo hires Hawkins to lead real estate capital markets in Europe

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The US bank has been building its dealmaking team in recent months

DLA Piper set to hire former prime minister David Cameron

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The high-profile Conservative politician is in talks to join the law firm as a consultant, according to reports

The acquisition of memory brings growing context, awareness and relevance to AI chatbots and agents, even as such personalization ramps up the need for data privacy, security and responsible use.

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Businesses and states had sued the government, saying the president didn’t have the authority to impose the levies.

Trade Court Strikes Down Trump’s Global Tariffs

The Tesla CEO posted on X that he was moving on and thanked President Trump for the “opportunity to reduce wasteful spending.”

By Tim Hanrahan, Scott Patterson and Alex Leary

The AI chip maker’s shares rose more than 5% after hours as quarterly revenue surged to a record $44 billion.

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The president says the “Trump Always Chickens Out” claim is wrong and tariff changes are a negotiation.

The ‘TACO Trade’ That Has Trump Fuming

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The AI Experience Is Going From ‘50 First Dates’ to ‘Cheers’

Trade Court Strikes Down Trump’s Global Tariffs

Elon Musk to Leave Government Role

Nvidia’s Business Is Booming Despite Being Shut Out of China

The ‘TACO Trade’ That Has Trump Fuming