US stock markets have demonstrated significant fluctuations as investors navigate ongoing tariff concerns stemming from Trump’s administration. Following a turbulent period where losses wiped out post-election gains for the S&P 500, stocks began to recover after hints of possible tariff relief emerged. Despite these recoveries, fears linked to trade tensions continue to create uncertainty, causing market analysts to speculate about potential impacts on upcoming economic data and corporate earnings announcements. While futures are seeing a rise, many on Wall Street remain cautious as investors wait for Trump’s decision on new tariffs, leading to a mix of optimism and apprehension in the trading landscape.