S&P500 and Dow Jones: Stock Market Forecast Brightens on EU Tariff Delay and M&A News

Dow Futures Rally on Trump’s EU Tariff Delay and M&A Buzz

U.S. stock futures surged early Tuesday, recovering from last week’s losses, as traders responded positively to President Donald Trump’s decision to delay a proposed 50% tariff on the European Union. The move came after a request from European Commission President Ursula von der Leyen. Dow futures jumped over 500 points, with the S&P 500 and Nasdaq 100 also climbing 1.4% and 1.5% respectively, signaling a strong start to the session.

Salesforce and Informatica Grab Headlines with $8 Billion Acquisition

Salesforce confirmed it will acquire cloud data firm Informatica in a deal valued at $8 billion. Informatica shares rose over 6% premarket, while Salesforce gained 1%. The acquisition is expected to enhance Salesforce’s AI platform, Agentforce, by integrating Informatica’s data governance and management tools. The all-cash transaction offers Informatica shareholders $25 per share.

Trump Media, Tesla, and CoreWeave Fuel Pre-Market Momentum

Trump Media & Technology Group gained nearly 9% after reports of a $3 billion fundraising plan aimed at cryptocurrency investments. Tesla also traded higher, up more than 2%, after CEO Elon Musk emphasized a renewed focus on Tesla and xAI in a weekend post. CoreWeave rose 4% despite receiving its first Wall Street downgrade since its IPO rally, as Barclays flagged limited short-term upside.

Semiconductor ETF Bounces After Losing Streak, Marvell Leads Tech Rebound

The iShares Semiconductor ETF (SOXX) rose around 2% in early trade, reversing a seven-session losing streak. Marvell Technology added over 3%, lifting the Nasdaq 100. Despite recent weakness, Marvell is now up 7% month-to-date and is positioned to snap a three-month downtrend.

Durable Goods Orders Decline Less Than Expected, Traders Eye More Deals

April’s durable goods orders fell 6.3%, better than the 7.8% decline forecasted. Transportation equipment led the drop, down 17.1%, but core orders excluding transportation rose 0.2%. National Economic Council Director Kevin Hassett hinted at more trade deals being close to completion, potentially involving India, further buoying market sentiment.

Outlook: Earnings and Trade News in Focus

Traders will monitor earnings from Okta later today and key reports from Nvidia, Macy’s, and Costco in the coming sessions. With over 95% of S&P 500 companies having reported and 78% beating estimates, market momentum could extend if trade progress and earnings hold positive. However, caution remains due to tariff risks and stretched equity valuations.

More Information in our Economic Calendar.