Auto stocks are getting a boost as Trump weighs tariff exemptions
"I'm looking at something to help car companies with it," President Donald Trump told reporters.
"I'm looking at something to help car companies with it," President Donald Trump told reporters.
The death cross last flashed for both indices in March 2022, which was the early days of a painful bear market.
BOSTON/LONDON (Reuters) -Some trade policy relief and strong bank earnings helped push Wall Street up slightly on Tuesday, while U.S. government bonds and the dollar were steady, after U.S. President Donald Trump touted possible tariff changes on autos. Trump said on Monday he was considering a modification to the 25% tariffs imposed on foreign auto and auto parts imports from Mexico, Canada and other places. The main U.S. stock indexes ticked higher on Tuesday, with Bank of America, Citigroup and Wells Fargo gaining after the trio of banking giants posted strong profits for the first quarter.
Webull explored going public during the 2021 stock market boom, but a sharp bear market in 2022 sidelined those plans.
TOKYO (Reuters) -Global markets are experiencing volatility from uncertainty over U.S. tariff policy but not seeing a huge decline in short-term liquidity, a senior Bank of Japan official said on Tuesday. Global stock, currency and bond markets have whipsawed due to President Donald Trump's back-and-forth comments on tariffs, with some analysts seeing the recent sharp declines in U.S. Treasuries and the dollar as a sign markets are losing confidence in the safe-have status of U.S. assets.
Kraken has launched commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds (ETFs), expanding beyond cryptocurrency.
A surprise tariff exemption on key tech products is helping spur an Apple rally.
The firm lays out how the S&P 500 could break out above its current trading range between 5,000 and 5,500.
Apple, Nvidia and other tech company stocks rebounded on Monday, after the Trump administration said tariffs affecting the electronics industry on products like smartphones are coming later.
Goldman Sachs lowered its outlook for U.S. hotels Monday, pointing to lagging consumer demand, growing economic uncertainty, and troubling signals from the airline industry.