U.S. stocks finished higher on Tuesday as Wall Street wrapped up the first trading day of President Donald Trump’s second term in office on a positive note.
The Dow Jones Industrial Average rose 537.98 points, or 1.2%, to end at 44,025.81, according to FactSet data.
The S&P 500 was up 52.58 points, or 0.9%, to finish at 6,049.24.
The Nasdaq Composite surged 126.58 points, or 0.6%, ending at 19,756.78.
Wall Street has feared that a swath of tariffs on U.S. imports could lead to a resurgence of inflation, which could harm the government-debt market and send interest rates higher again. Treasury yields ended mostly lower on Tuesday, with the 10-year rate finishing at 4.573%, its lowest since Dec. 30, according to FactSet data.