U.S. Stocks Rebound as White House Delays Auto Tariffs

Major indexes recover from recent losses following a temporary tariff reprieve and renewed investor optimism.

The S&P 500, Dow Jones Industrial Average, and Nasdaq all posted gains of over 1% on Wednesday after a volatile start to the week.
President Trump's announcement of a one-month delay on tariffs for U.S. automakers lifted market sentiment and boosted stocks like Ford and GM.
Shares of Moderna surged nearly 16% after executives expressed optimism about a potential 2027 release of a personalized cancer vaccine, though this timeline remains speculative.
Defense stocks, including Huntington Ingalls Industries, rose significantly following Trump's remarks on investing in the shipbuilding industry.
Despite Wednesday's rally, all major indexes remain down for the week, reflecting broader concerns over trade tensions, inflation, and economic uncertainty.