Wall Street appears poised to surge when markets open Tuesday, after two days of rallies by U.S. stock futures, spurred by President Donald Trump delaying his latest threat of 50% tariffs against European Union imports until July 9,

U.S. stock index futures slid on Friday after President Donald Trump recommended 50% tariffs on the European Union, while Apple stock dropped after he warned that the company would have to pay tariffs if its phones were not made in the United States.

U.S. stock index futures spiked as President Trump eased his tariff threat against the EU, setting a new negotiation deadline. Dow E-minis, S&P 500, and Nasdaq 100 saw notable premarket gains. Trump's social media firm seeks crypto investment,