US Markets Skyrocket - Dow +1.78%, S&P 500 +2.05%, Nasdaq +2.47% - Consumer Confidence Surges Unexpectedly – Trade Talks with the EU – Musk’s Focus Drives Tesla Stock – Hologic Rejects $16 Billion Deal – Okta Plummets – Eli Lilly Acquires Pain Therapy Researcher

The US stock markets rebounded strongly on Tuesday from a four-day losing streak. The Dow Jones rose by 740 points or 1.78   %, the S&P 500 increased by 2.05 % and the Nasdaq climbed by 2.47 % . The main driver was President Trump's announcement to postpone the threatened 50 % tariffs on EU imports until July 9 – a decision that brought relief to the m a rkets . Additionally, better-than-expected data on US consumer confidence improved sentiment. Technology stocks performed particularly well. Tesla surged 7 % following a strategic...