American actions were negotiated mainly in the green Tuesday, seeking to extend their two -day victories sequence.
The industrial average of Dow Jones increased by more than 180 points, while the composite S&P 500 and Nasdaq each increased by 0.4%.
The CBOe volatility index (VIX) slipped below 30 after erecting about 60 last week.
The company’s profit season should intensify this week, with key reports from United Airlines and Netflix to come.
Even with companies that disclose quarterly figures, real financial and operational implications of radical commercial measures will probably not materialize later in the year.
For the moment, the markets remain in waiting and surveillance mode.
The price threat still persists
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On Monday, the modest market movements on Tuesday followed a rebound led by technology, motivated by reliefs on tariff exemptions.
Customs and American border protection advice confirmed that electronics – including smartphones, computers and semiconductors – would be spared from immediate reciprocal prices, giving assets to recover.
However, the remarks of President Trump and the Secretary of Commerce Howard Lunick during the weekend said that these cuts could be temporary, keeping the markets on board.
Despite the rebound, the three main clues remain underwater compared to their levels before the announcement of Trump’s price on April 2.
The DOW and NASDAQ are still down more than 3%, while the S&P 500 has lost more than 4%, highlighting the market struggle to stabilize in a volatile environment and focused on policies.
The profits rally in the main banking actions
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Bank of America jumped 4% after giving results from the first quarter that exceeded analysts’ expectations.
The bank declared an increase of 11% profits to $ 7.4 billion, or 90 cents per share, with an increase of 5.9% to 27.51 billion dollars for the quarter.
The performance was fired by a solid increase in net interest income, which reached $ 14.6 billion, barely exceeding the estimate of $ 14.56 billion in Streetaccount.
Citigroup’s actions also progressed after the bank posted stronger results than expected in the first quarter, supported by solid performance in its fixed income and stock negotiation divisions.
The stock increased by around 2% at the start of trade.
The company declared a profit of $ 1.96 per share on a turnover of $ 21.50 billion, exceeding the estimates of Wall Street.
American import prices
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American import prices fell in March, down 0.1% before the deployment of President Trump’s general prices, the Bureau of Labor Statistics reported on Tuesday.
The drop was largely driven by a 2.3% drop in fuel prices. The economists interviewed by Dow Jones did not expect any change.
On the other side of the big book, export prices were unchanged for the month after an increase of 0.2% in February.
