Dow Jones futures rose strongly Tuesday morning, along with S&P 500 futures and Nasdaq futures, after President Donald Trump pushed back his planned 50% tariffs on the European Union. Nvidia looms this week,

The S&P 500 is about 6% from record highs, although it has rebounded sharply from April lows as easing trade concerns and tame inflation data spurred a risk-on rally. On the downside, shares of gold miners including Newmont fell about 2% as gold prices slipped more than 1%.

If President Trump's earlier threat to slap tariffs on Apple Inc. products knocked stock futures off balance, his latest Truth Social post has sent them sharply lower. In a second trade-related post on his social-media platform on Friday,

Japan may offer financial and technical contributions ranging from investment in an Alaskan LNG pipeline project to shipbuilding expertise as it seeks to smooth the path toward a tariff deal with the US by mid-June.

Europe’s trade commissioner shared phone calls with Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer on Monday as both sides of the Atlantic seek to reach a trade deal and head off President Donald Trump’s sweeping tariff threat.