April 23, 2025

U.S. stocks advanced on Tuesday, as investors grew optimistic that U.S.-China trade tensions may soon ease, following reassuring remarks from the U.S. Treasury Department.

The Dow Jones Industrial Average rose 1,016.57 points, or 2.66 percent, to 39,186.98. The S&P 500 added 129.56 points, or 2.51 percent, to 5,287.76. The Nasdaq Composite Index increased by 429.52 points, or 2.71 percent, to 16,300.42.

All of the 11 primary S&P 500 sectors ended in green, with financials and consumer discretionary leading the gainers by rising 3.28 percent and 3.23 percent, respectively. Consumer staples posted the weakest growth, up by 1.61 percent.

Read more: