Reported 19 days ago
On Tuesday, US stocks saw mixed results as the Dow Jones gained 0.4% while the S&P 500 and Nasdaq fell by 0.2% and 0.8%, respectively. This fluctuation was primarily driven by escalating trade tensions between the US and China, further inflamed by President Trump's threats to halt imports of Chinese cooking oil in retaliation for China's soybean purchase policies. Additionally, commentary from Federal Reserve Chair Jerome Powell regarding potential interest rate cuts added to market uncertainty, while major banks began to report their earnings.
Source: YAHOO