New York Stock Exchange Resilient in Adjusting Tariff Speed...Three major indexes close higher

The three major stock indexes of the New York Stock Exchange were strong as U.S. President Trump did not rush to tariff policies and investor sentiment revived on the first trading day since the inauguration of the second Trump administration.

On the New York Stock Exchange, the Dow Jones Industrial Average closed at 44,025.81, up 537.98 points and 1.24% from the previous session.

The Standard & Poor's 500 closed at 6,049.24, up 52.58 points and 0.88% from the previous session, and the Nasdaq Composite closed at 19,756.78, up 126.58 points and 0.64% from the previous session.

In particular, the Dow, which is mainly composed of blue-chip stocks, outperformed the tech-heavy Nasdaq Composite in terms of gains, reflecting expectations that blue-chip stocks such as traditional industrial groups and financial stocks will shine under Trump.

In addition, while the stock market is relieved for now as Trump suggests adjusting the pace of tariffs, Wolf Research analyzed that "Trump's tariffs may take longer than expected to actually apply."