Trump reversed his stance on Canadian tariff policies multiple times on Tuesday, causing a "roller coaster" market. At the opening, the major US stock indexes rose, but then Trump announced a 25% tariff on Canadian steel and aluminum, causing the three major indexes to fall. Shortly after, news came out that this policy was suspended and both sides would renegotiate, but the downward trend in the US stock market remained. In the afternoon, the market changed again as Ukraine agreed to a 30-day ceasefire. Large-cap tech stocks rebounded, pushing the US stock market to hit new daily highs, but the market weakened again towards the end of the day. At the close, all three major indexes fell, with the Dow falling 1.14%, the S&P 500 falling 0.76%, and the Nasdaq falling 0.18%. Most of the big tech stocks rose.

The rebound in the crypto market was significant, with Bitcoin rebounding from a low of $76,606 to above $83,000, up over 8%, recovering from yesterday's rapid decline. Ethereum also rebounded from a low of $1754 to $1920, up over 9%. Some altcoins had even larger rebounds. The total market value of cryptocurrencies slightly rose to $2.77 trillion, with a 2.5% increase in the past 24 hours, indicating a slight improvement in market sentiment.

The ongoing uncertainty surrounding Trump's tariff policies continues to impact the market, dampening Wall Street's mood about consumers and the potential economic impact. The CPI report at 8:30 tonight is highly anticipated, as investors hope to gauge whether the market's concerns about economic stagnation are justified. If the data exceeds expectations, the market may experience another sharp decline.