Wall Street sifted through a rush of earnings reports and economic data, while a much-needed tariff reprieve for automakers helped lift stocks.

Global stocks mostly rose despite fresh signs of a tariff hit to corporate earnings, while Wall Street cheered President Donald Trump's moves to soften the levies hitting automakers.

The US stock market just recorded its worst first 100 days of any presidential term since President Gerald Ford assumed office in 1974.

The stock market’s lackluster performance under Trump only ranks ahead of the starts of Franklin D. Roosevelt’s terms in 1933 and 1937, during the depths of the Great Depression. It also outstrips both Ford and the start of Nixon’s second term in 1973, when the U.S. confronted another economic crisis in the form of stagflation.