Stocks are on the rebound Tuesday, bouncing back from another miserable day on Wall Street. But American financial markets are sounding all sorts of alarm bells that one day in the green can hardly overcome.
Market enthusiasm for corporate earnings helped U.S. equities climb at midday, rebounding from yesterday's selloff.
Surging government borrowing around the world, triggered by Donald Trump’s trade war, risks fresh bond market chaos, the International Monetary Fund (IMF) has warned.
Tesla shares climbed Tuesday ahead of the company's first-quarter earnings report, due after the closing bell.
(Reuters) -Gold's remarkable run higher is reaching new heights, with the market touching $3,500 per ounce as confidence in the U.S. economy further erodes after President Donald Trump's renewed attack on the Federal Reserve chair. Spot gold was trading around $3,428 per ounce by 1417 GMT, after hitting a record $3,500.05 earlier in the session. Trump said on Monday the U.S. economy could slow down unless interest rates are lowered immediately, repeating his criticism of Fed Chair Jerome Powell as being slow to act and calling him a "major loser".
Equifax topped first-quarter earnings and revenue forecasts as its U.S. mortgage unit sales grew despite "headwinds."
3M's first-quarter earnings and revenue exceeded forecasts as all three of its divisions posted sales gains.
US stocks rose Tuesday morning as investors waded into the market after a steep Monday sell-off.
CoreWeave initiated, eBay downgraded: Wall Street's top analyst calls
Shares of Kimberly-Clark fell Tuesday after the consumer goods company lowered full-year projections amid uncertainty around the Trump administration's tariffs.