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Wall Street Wavers Amid Earnings Reports and Trade Tensions

Wall Street Wavers Amid Earnings Reports and Trade Tensions

Published:
2025-08-05 19:33:01
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BTCCSquare news:

US stocks showed mixed performance on Tuesday as investors weighed corporate earnings against escalating trade tensions. The S&P 500 dipped 0.2%, while the Dow Jones Industrial Average edged up 0.1%. The Nasdaq Composite fell 0.3%, reflecting cautious market sentiment.

Palantir surged 7% after reporting better-than-expected earnings, crossing $1 billion in quarterly revenue for the first time. Markets remained volatile following Friday's sharp declines triggered by a weak jobs report, new tariffs, inflationary signals, and political upheaval at the Bureau of Labor Statistics.

Trade concerns intensified as former President TRUMP threatened higher tariffs on Indian goods and floated 250% duties on pharmaceutical imports. Meanwhile, Wall Street turned its attention to upcoming earnings reports from AMD, Rivian, McDonald's, and Disney.

|Square

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