The Dow Jones Industrial Average rose on Thursday with a 205.58 point increase to 44,663.88 during lunchtime trading.
The S&P 500 also rose 14.59 points to 6,277.85, while the NASDAQ Composite dipped slightly to 20,608.29.
Shares of Estée Lauder surged by 6% after Bank of America reinstated coverage with a buy rating.
President Trump announced new tariffs on imported copper and Brazil, citing unfair trade relationships, leading to market reactions and higher Treasury yields while oil prices fell.