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%.

European markets and U.S. futures jumped early Tuesday following a weekend trade truce between the E.U. and U.S. after Trump’s threat late last week to tack on 50% imports from the trading bloc.

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

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.