NEW YORK — U.S. stocks on Tuesday pulled closer to their records as the wait continued for more updates on President Trump’s tariffs and how much they’re affecting the economy.
The Standard & Poor’s 500 index rose 0.6%, coming off a modest gain the day before that added to its stellar May. It’s back within 2.8% of its all-time high set this year after falling roughly 20% two months ago.
The Dow Jones industrial average added 0.5%, and the Nasdaq composite climbed 0.8%.
Dollar General jumped 15.8% for one of the market’s bigger gains after reporting stronger profit and revenue for the start of the year than analysts expected. The discount retailer also raised its forecasts for profit and revenue over the full year, though it cautioned that “uncertainty exists for the remainder of the y