
Market Open with Caution Amid Earnings Reports
As the US stock markets opened on Tuesday, investors were cautiously analyzing a flood of corporate earnings, with significant reports still awaited post-market closure. The spotlight is on tech and consumer sector giants, whose results could hint at the broader economic trajectory.
Trump Administration Clashes with Amazon
Adding to the day's tension, the Trump administration took a swipe at Amazon. White House spokeswoman Karoline Leavitt labeled Amazon's display of Trump-era tariff costs on its product pages as a "hostile and political" maneuver, sparking further controversy.
Stock Performance Snapshot
By 9:30 am ET, the Dow Jones Industrial Average saw a modest rise of 0.12%, buoyed by a 3.51% leap in Honeywell International Inc. shares. Conversely, the S&P 500 and Nasdaq 100 experienced declines of 0.36% and 0.57%, respectively, with Regeneron Pharmaceuticals Inc. leading the downturn with a 10.12% drop. The euro also dipped slightly against the dollar, trading at $1.14075.
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