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Stocks ended mostly lower Tuesday as the resumption of U.S. trade tensions with China outweighed strong third-quarter results from several big banks.
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Caterpillar Leads Dow Jones Amid These Analyst Comments
JPMorgan analyst Tami Zakaria on Tuesday raised her price target to 650 from 505 and kept an overweight rating.
Stocks are climbing following profit reports from some of the world’s biggest names in banking and technology. The S&P 500 rose 0.7% in early trading Wednesday. The Dow Jones
Stock futures pointed higher Wednesday, a day after a tumultuous session that saw major indexes close mostly lower on U.S.-China trade tensions.
Dow Jones rebounds 600+ points after early selloff. Financials surge, but tech lags and VIX stays high—caution still clouds US stock market outlook today.
US stocks retreated on Tuesday, giving up the gains from the previous session, as renewed trade tensions between Washington and Beijing weighed on sentiment.
US stocks jumped Monday in a broad rebound, bouncing back from Friday's rout after President Trump played down the escalating US trade standoff with China and said it "will all be fine!" Stocks recouped some of Friday's hefty losses after Trump dialed back his Friday threat to impose an additional 100% tariff on Chinese goods from Nov.
Stocks have bounced back from their early trading lows. After trading more than 1.3% lower on Tuesday, the Dow Jones Industrial Average was up 0.4% around midday. Meanwhile, the S&P 500 was close to flipping positive,