FX.co ★ US Stocks Volatile as Earnings Roll In, Trade Uncertainty Lingers

On Tuesday, U.S. equities fluctuated as investors digested a new set of corporate earnings, developments in tariffs, and indications of reduced market volatility. The S&P 500 and the Dow Jones experienced decreases of 0.1% and 0.3%, respectively, potentially concluding a two-day stretch of gains, while the Nasdaq 100 remained nearly unchanged. Uncertainty lingered regarding the stability of tariff exemptions on essential electronics and concerns that the Trump administration might increase corporate taxes to offset expiring tax cuts. Despite recent recoveries, all three major indices continue to be significantly below their early April benchmarks, pressured by ongoing geopolitical tensions and cautious investor sentiment. The financial sector provided some positive news, with Bank of America rising over 4% and Citigroup advancing 3.4% due to strong earnings results. Conversely, Johnson & Johnson fell 0.3% despite surpassing earnings expectations, and Boeing declined by nearly 2% after reports of China halting new jet deliveries heightened trade-related anxieties.