Markets take a pause as investors stop ‘TACO’ trade after one day bounce

fortune.com/2025/05/28/markets-take-a-pause-as-investors-stop-taco-trade-after-one-day-bounce

Investors on Tuesday celebrated President Donald Trump’s walkback of his threat of 50% tariffs on EU goods by sending U.S. stocks skyward.
The S&P 500 rose 2.1%, putting it within 3.7% of its all-time high. The Dow gained 1.8%, and the Nasdaq rose 2.4%. Stocks also got a boost from May…

This story appeared on fortune.com, 2025-05-28 12:24:16.
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