Stocks remained mixed early Tuesday as investors seek clarity on tariffs for autos and electronics following President Trump’s recent comments. Positive developments included a rally from the previous day and better-than-expected corporate earnings.
- The Dow Jones Industrial Average rose by 200 points (0.4%), while the S&P 500 and Nasdaq Composite each gained 0.6%.
- Bank of America’s shares increased by 2% after surpassing earnings expectations.
- Citigroup also exceeded Wall Street estimates, with CEO Jane Fraser expressing optimism about the U.S. economy’s future stability.
Stocks had closed higher the day before due to relief from the White House on trade issues.
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