Dow futures rise 200 points as stocks rebound for a second day after Trump calls off Greenland-related tariffs: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq futures rise after Trump backpedals on tariffs Yahoo FinanceTrump's latest tariffs U-turn is sparking a global market rally — and reviving talk of the 'TACO trade' CNBCStock
Investors are getting accustomed to a familiar pattern known on Wall Street as ‘TACO' — the assumption that the president eventually reverses policies that threaten to sink the market
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.