Stock market today: Dow gains 500 points, stocks close near records as Trump holds off on tariffs

The stock market's positive response reflects optimism about economic growth despite concerns surrounding potential tariffs. However, individual stocks are showing mixed results based on their sensitivity to Trump's policies. Companies in sectors likely to benefit from a weaker dollar, like industrials and materials, may see continued strength if economic policies remain supportive. Conversely, stock downgrades in tech, particularly for Apple and Tesla, indicate these companies may face headwinds due to changes in regulation and consumer demand.

Oracle's stock has surged due to its anticipated involvement in a major AI infrastructure project backed by the government. Given the growing sector for AI and technology investments, this partnership could enhance Oracle’s growth trajectory and market position. The government’s increased focus on AI also suggests potential for future contracts and collaborations, making Oracle a favorable investment in the tech space.

Apple is facing challenges, primarily due to weak iPhone sales and recent downgrades from analysts. The company may experience downward pressure on its stock price as concerns about its sales performance continue to grow. With competitors performing better in the market and a lack of excitement around new products, Apple stock is likely to continue facing pressure in the near term.

Tesla's stock dropped significantly due to policy changes from the new administration that may affect electric vehicle sales. With the cancellation of a pro-EV mandate and shifting regulatory landscape, investor confidence may wane, leading to prolonged weakness in Tesla's stock price. As a leader in the EV space, its fortunes are closely tied to government policy, and current indications are bearish.