Dow futures rallied more than 400 points, which equates to a gain above 1%. S&P 500 futures added 1.2%, while Nasdaq 100 futures jumped 1.3%. The U.S. stock market was dark on Monday for Memorial Day.

Apple shares led tech losses, falling 3%, while benchmark Treasury yields slipped as investors sought safer assets.

Wall Street is assessing President Trump''s tariff salvo on Apple and what his giant tax bill means for the deficit and the economy.

Stocks rose Tuesday after President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union.

Nvidia is expected to report a 66.2% surge in first-quarter revenue, according to data compiled by LSEG. Traders in the options markets are bracing for industry-wide volatility with defensive options contracts drawing heavy attention for the VanEck Semiconductor ETF,