China, Dow and tariffs
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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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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.
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 S&P 500 and Nasdaq rose on Tuesday as investors analyzed new inflation data and considered what it might mean for monetary policy. Click to read.
The Dow Jones entered the fourth consecutive week of gains and emerged above weekly cloud top (42096), with the action on daily chart testing converged 100/200DMA’s (42356).
Stock futures were mixed Tuesday after kicking off the week with massive gains fueled by a de-escalation in the trade spat between the U.S. and China.
The Dow Jones Index Futures jumped by over 800 points on Monday as investors cheered the recent trade talks between the US and China
Shares of Intuitive Machines took off on Tuesday after the company surprised the market with positive free cash flow for the first quarter. The stock was up 29% at $12.25 after the opening bell. Shares are still down 33% since the start of the year.