- Stocks rallied on Tuesday in hopes that tariffs would not be as extreme as initially thought as several countries seem willing to work with the US to avoid the proposed tariffs.
- The S&P 500 is up about 1.15% midday and the Dow is up 600 points, still well below their levels prior to last week’s selloff.
- Gold is still down, hovering just below $3,000 and silver, which had seen a swing of $5.00 in 48 hours last week, is trading at $29.90—down about 12% in April.