US EditionStock market today: Wall Street gains ground after shaking off four-week losing streak
- Wall Street rose after several weeks of losses, with the S&P 500 gaining 0.2%, as hopes grew that President Donald Trump's tariffs may be more targeted than initially feared.
- The Conference Board reported a decrease in U.S. Consumer confidence, dropping to its lowest level in 12 years, indicating concerns about the economy's future.
- Tesla's stock rose 3.4% despite a nearly 50% drop in European sales of its electric vehicles, as reported by the European Automobile Manufacturers Association.
- Overall, markets are cautious about the upcoming tariffs, with strategists warning of potential volatility despite recent gains.
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The High Point Enterprise+12 Reposted by 12 other sources
Stocks meander as fears ease over next Trump tariffs
Global equities meandered Tuesday as Wall Street struggled to hold early gains while European stocks made modest gains as concerns eased over the next round of tariffs from US President Donald Trump.
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Total News Sources182
Leaning Left40Leaning Right18Center42Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 40%
C 42%
R 18%
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