US Stocks Trade Mixed Tuesday
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•US Politics
US Politics
Stock market today: S&P 500, Nasdaq slip as investors digest Powell testimony, Trump's tariffs
83% Informative
The Dow Jones Industrial Average flipped into the green, edging around 0.1% higher in mid-afternoon trade.
The benchmark S&P 500 (^GSPC) dropped roughly 01% while the tech-heavy Nasdaq Composite pulled back about 0.4% , after a winning day on Wall Street.
The tone is cautious in the wait for President Donald Trump to reveal his plan for universal like-for-like tariffs.
Fed Chair Jay Powell says it's not the Fed 's job to comment on trade policy.
Powell said he "would stand by" previous comments that countries that have remained open to trade have grown faster and had higher incomes.
Coca-Cola posted another strong quarter as the beverage giant's management team discussed the potential impact of tariffs and inflation.
Oil futures rise 1.4% on Tuesday , on track for a third day of gains as signs of sanctions hit to Russia supply.
Hang Seng closes 1% lower as Asia stocks falter as investors warily assess impact of Trump 's tariffs.
Gold hits all-time high amid uncertainty in stock markets.
VR Score
88
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90
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