Major US indices closed with small collective gains on Tuesday as investors assessed consumer confidence data amid bets on a more flexible trade policy stance from the Trump administration next week.
Another report revealed a decline in consumer confidence, with the index falling to 92.9 in March, its lowest level since February 2021.
Regarding tariffs, Trump stated on Monday that auto tariffs would be imposed soon, while also indicating that not all proposed tariffs would be implemented.
Apple shares rose 1.4% on Tuesday to a two-week high, adding $45 billion to its market value in a single day.
Apple announced that it will hold its annual Worldwide Developers Conference online from June 9 to 13, amid expectations that updates to its iPhone and iPad operating systems will be unveiled.
The conference could feature a preview of upcoming product releases.
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