Related News

Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Alphabet’s Waymo unit will begin test-driving robotaxis at its first California-based airport, the company said

Bret Taylor, chairman of the board of directors of OpenAI, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley,

Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom is scheduled to report earnings for its fiscal third quarter after the close of regular trading on Thursday. Here’s what analysts

Salesforce CEO Marc Benioff attends the 55th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 23, 2025. Halil Sagirkaya | Anadolu | Getty Images A bad

Figma shares plummeted nearly 20% on Thursday, falling to the lowest price since the design software vendor’s IPO in July after the company reported earnings for the first time as

Kilauea volcano (AP image) Hawaii’s Kilauea volcano erupted again on Tuesday. This marks its 32nd eruption since December. Scientists say all these eruptions are part of the same ongoing activity,

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

US markets today: Wall Street edges up after sharp swings; Palantir, DuPont earnings lift sentiment

Word Count: 639 | Estimated Reading Time: 4 minutes


US markets today: Wall Street edges up after sharp swings; Palantir, DuPont earnings lift sentiment

US stock indices traded marginally higher on Tuesday, showing signs of stability after two volatile sessions driven by economic uncertainty and political tension over tariffs. The S&P 500 inched up 0.1% in early trade, while the Dow Jones Industrial Average rose 77 points, or 0.2%. The Nasdaq Composite also added 0.1%, AP reported.The gains came amid persistent concerns over President Donald Trump’s tariff measures, which investors fear could dent corporate margins and global trade. However, optimism over potential interest rate cuts by the Federal Reserve later this year and strong quarterly results from top firms offered support.AI platform Palantir Technologies led gains, rallying 7.5% after posting better-than-expected earnings and raising its full-year revenue guidance. “We continue to see the astonishing impact of AI leverage,” CEO Alex Karp said.Chemical major DuPont climbed 4.5% after surpassing analyst expectations on both profit and revenue and raising its full-year outlook, despite warning of a $20 million tariff impact in the second half of 2025.The broader market, however, remained cautious. Yum Brands slipped 0.7% after reporting slightly weaker-than-expected results. Hims & Hers Health fell 12.2% as its revenue missed forecasts despite a profit beat.With major indices near record levels following a sharp rally since April, investors are demanding stronger corporate earnings or signs of policy easing to justify high valuations. The next major trigger is the Federal Reserve’s policy meeting in September, where hopes are high for a rate cut following a weaker-than-expected US jobs report last Friday.The 10-year Treasury yield held steady at 4.22%, down from 4.39% before the jobs data, as rate-cut expectations firmed.Overseas, global markets were mostly higher across Europe and Asia. However, India’s Sensex declined 0.4%, as investors reacted to growing trade friction with the US over New Delhi’s continued crude oil imports from Russia.





Source link

Most Popular Articles