Market

US Stock Markets Open with Caution as Earnings Reports and Political Tensions Stir Investor Sentiment

Market Overview

Major US stock markets opened with caution on Tuesday, as investors sifted through a slew of corporate earnings released before the bell. With more key reports expected after the close, all eyes are on the results from major tech and consumer firms for clues on the broader economic momentum.

Political Tensions Rise

Adding to the market's cautious stance, tensions between the Trump administration and Amazon escalated. White House spokeswoman Karoline Leavitt criticized Amazon's decision to highlight Trump-era tariff costs on product pages, labeling it a "hostile and political" move.

Market Movements

At 9:30 am ET, the Dow Jones Industrial Average edged up by 0.12%, or 50 points, buoyed by a 3.51% jump in Honeywell International Inc. shares. Conversely, the S&P 500 and the Nasdaq 100 saw declines of 0.36% and 0.57% respectively, with Regeneron Pharmaceuticals Inc. shares plummeting by 10.12%. The euro also dipped 0.13% against the dollar, trading at $1.14075 at 9:29 am ET.