Stock Market Surges: Dow, S&P 500, Nasdaq rally as President Donald Trump’s tariff shock boosts steel giants—But will it trigger inflation & delay Fed cuts?

Stock Market Surges as the Dow, S&P 500, and Nasdaq rebounded on Monday, fueled by Trumps new tariffs on steel and aluminum imports. The announcement of a 25% tariff on steel sparked a rally in US steel stocks, with Cleveland-Cliffs, Nucor, and US Steel surging. As market sentiment shifts, traders eye economic data and corporate earnings for further direction.