Dow gains 500 points, stocks close near records as Trump holds off on tariffs
The US dollar (DX=F, DX-Y.NYB) has been volatile since Donald Trump’s inauguration, retreating from near two-year highs as the president failed to enact broad-based tariffs on his first day in office. The move surprised investors as an emergency order would have allowed immediate tariff increases in contrast to the alternative process of investigations, which is