Market indices shot higher Tuesday morning on word that the Trump Administration had backed off a threatened June 1 50% tariff on the European Union, returning to the original 90-day pause date of July 9. The moves played out over Memorial Day weekend, following U.S. and Vietnamese officials wrapping up their second round of trade talks late last week.

Fears were stoked Friday when Pres. Trump announced the 50% tariff set to take effect June 1 after what he deemed to be fruitless negotiations with EU officials. Reports emerged Tuesday morning that ... Log in to view full article.