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(Bloomberg) -- Another volatile day on Wall Street pushed the S&P 500 Index back to the brink of a bear market as the Trump administration doubled down on its plans to enact hefty tariffs that threaten to send the American economy into a recession.Most Read from BloombergThe Irish Hot Press Is the Low-Tech Laundry Trick the World NeedsTrump Order on CDFI Fund Risks Aid for Small Businesses, HousingThis Skinny Mexico City Tower Is Just 14 Feet Wide on One SideIn Chicago, a Former Steel Mill Looks

Store expansion and a comeback of the China market is the hope; tariff backlash could shutter that.

A broad stock market rally stalled on Tuesday as markets lost hope for immediate reprieves from sweeping tariffs announced last week.

The benchmark price of diesel used for most fuel surcharges rose even as futures markets were falling. The post Benchmark diesel price up as pump number lags big fall in futures markets appeared first on FreightWaves.

In this edition: Breaking down what to expect for earnings season and APM Terminals makes big moves at the Panama Canal. The post Check Call: LTL stocks brace for tariff impact appeared first on FreightWaves.

Uncertainty remains as to what Trump will do next, and which countries could make a deal, and which might enter a trade war with Washington.

Stocks surged at midday Tuesday, with the Dow Jones Industrial Average jumping nearly 1,000 points, as the major indexes rebounded somewhat from tariff-induced losses.

Shares of RPM International sank Tuesday as the specialty coatings and sealants company reported fiscal third-quarter results that came in weaker than analysts projected.

The CEO of Chile's Codelco, Ruben Alvarado, said on Tuesday that the state-run copper producer aims to bring output to the upper end of its estimated range this year, expecting to reach 1.39 million metric tons. Alvarado said the world's largest copper producer plans to return to the bond market but is evaluating the timing. In 2024, Codelco managed to boost production after hitting 25-year lows in 2023 due to delays in key projects and operational issues, which it has been resolving.

President Donald Trump’s top trade negotiator came under fire Tuesday from senators unnerved by the president's sweeping global tariffs, a market meltdown and the heightened risk of recession from an upended global trading order. Greer addressed the Senate Finance Committee a day after global markets swung wildly and some business leaders lambasted the president's aggressive bid to raise tariffs on almost every nation on earth.