Dow ends up over 500 points, S&P 500 and Nasdaq climb on first trading day of Trump’s second term

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.