The Dow Jones Industrial Average and other major stock indexes were mixed early Tuesday, as UnitedHealth plunged on the stock market today after suspending its outlook. Meanwhile, Wall Street digested a surprisingly cool inflation report.

Stock futures are pointing to a slightly higher open for major indexes on Wednesday as the market looks to add to big recent gains.

The Dow Dow Jones Industrial Average is trading 1,041 points, or 2.5%, higher, as shares of Amazon.com Inc. Amazon.com Inc. and Nike Nike Inc. Cl B are contributing around a quarter of the index's intraday rally.

The major averages started May on a positive note, with Meta Platforms and Microsoft reigniting the artificial intelligence trade.

Stocks closed higher Monday as the U.S. and China moved to de-escalate their trade war, with investors eager for signs of a lasting agreement.

The Dow Dow Jones Industrial Average was most recently trading 1,151 points higher (2.8%), as shares of Amazon.com Inc. Amazon.com Inc. and Nike Nike Inc. Cl B are contributing to the blue-chip gauge's intraday rally.

The Magnificent Seven stocks were on track to add $821 billion in market cap in Monday’s risk-on rally, according to Dow Jones Market Data.

The major averages started May on a positive note, with Meta Platforms and Microsoft reigniting the artificial intelligence trade.

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

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The VIX continues to fall below 19: The common market fear gauge moved to the lowest level since March 27. Improving investor sentiment was noted by Goldman Sachs ( GS 4.27%), raising its S&P 500 year-end forecast to 6,500 points.