Dow soared to close at its highest since Dec. 11. Before Monday's inauguration, people feared large, blanket tariffs across the board would be inflationary and slow the economy. Instead, "broad and immediate tariffs were not announced,

Wall Street’s main indexes closed higher on Tuesday, with the S&P 500 and the Dow hitting their highest in more than a month, as investors assessed Donald Trump’s first actions as president and breathed relief that he did not start his second term with blanket tariff increases.