Main U.S. equities indexes tore greater to kick off the holiday-shortened trading week after President Trump postponed new tariffs on imports from Europe and a report confirmed an uptick in consumer confidence.

The S&P 500 superior 2.1%, whereas the Dow gained 1.8%, and the tech-heavy Nasdaq rose 2.5% as Nvidia (NVDA) and different AI shares climbed forward of the chipmaker’s earnings Wednesday.

Shares of Hologic (HOLX), a medical know-how firm centered on girls’s well being, surged 14.5% to mark Tuesday’s prime efficiency within the S&P 500. The push greater adopted a Monetary Instances report that Hologic rejected a buyout provide from personal fairness companies Blackstone (BX) and TPG (TPG). Though the maker of mammography machines and different diagnostics tools turned down the deal, the report urged that deal talks might proceed.

Footwear corporations noticed their shares transfer greater following the robust shopper sentiment information and amid optimism round commerce coverage. Shares of Deckers Out of doors (DECK), which owns Hoka, Ugg, and Teva manufacturers, jumped 7.8% on Tuesday, clawing again a portion of the steep losses posted final week after the agency withheld its full-year outlook, citing tariff-related uncertainties.

Tesla (TSLA) shares gained 6.9% after CEO Elon Musk vowed to dedicate more of his attention to {the electrical} automobile maker. Considerations that Musk has been overly centered on his work for the Trump administration have weighed on Tesla’s inventory this yr. The manager’s renewed dedication to «spending 24/7 at work» got here as a report confirmed a year-over-year plunge in Tesla’s European sales.

Shares of shopper credit score scorer Honest Isaac (FICO) dropped 11.3%, posting the largest every day decline of any S&P 500 inventory. Tuesday’s tumble prolonged a string of latest losses for the inventory, after Federal Housing Finance Company Director Invoice Pulte final week raised concerns about FICO’s pricing.

Shares of AutoZone (AZO) skidded 3.4% after the automobile components retailer reported outcomes for its fiscal third quarter. Though same-store gross sales exceeded estimates, gross margins declined from the year-ago interval. CEO Phil Daniele mentioned he expects margins to enhance as AutoZone ramps up its new distribution facilities. Analysts have urged that AutoZone could be poised to benefit from shoppers opting to repair their autos quite than buy new ones as value stickers start to replicate tariff impacts.