China, Dow and tariffs
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Stocks closed mostly higher on Tuesday after the release of encouraging inflation data, adding to big gains posted the previous session following a de-escalation in the trade spat between the U.S. and China.
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Dow Jones Futures: Trump Trade Deal Triggers Bullish Stock Market Rally; Amazon, Apple, Nvidia, Tesla SurgeDow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, traded lower ahead of Tuesday's open. The stock market surged Monday after President Donald Trump and the U.S. reached a trade deal with China to slash tariff rates, at least temporarily.
While both the S&P 500 and Nasdaq Composite gained in early Tuesday trading, the Dow Jones Industrial Average was solidly in the negative — down by around 0.4%. The discrepancy in the indexes was due to one stock in particular: UnitedHealth Group.
The Dow Jones spun a tight circle near 42,300 on Tuesday. Markets largely failed to react to US CPI inflation, which eased slightly in April. Despite a general easing in the weighted index, key goods continue to rise, and tariff impacts loom ahead.
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Shares of UnitedHealth are diving nearly 8% after the health insurer suspended its 2025 guidance and said Stephen J. Hemsley, currently chairman, would take over as chief executive, effective immediately.
The Dow Jones Industrial Average DJIA and the S&P 500 SPX remain ... Yet another reason why Monday's surge may be a bear-market rally was pointed out on Monday morning by Sam Stovall, chief investment strategist at CFRA. He wrote that "nearly two-thirds ...
U.K. trade news and easing chip rules lifted sentiment. Dow rose 523 pts; Boeing, Tesla, and Alphabet led tech and energy gains.
The Dow, S&P 500, and Nasdaq all rose Friday as the stock market focused on a stronger-than-expected April jobs report and China-U.S. trade hopes.
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Top U.S. bank lending officers reported weaker demand from businesses and consumers for many types of credit during the first three months of the year, according to a Federal Reserve report released on Monday, reversing a short-lived surge in loan demand the previous quarter.