Wall Street gyrated lower and crude lost ground on Tuesday as investors assessed a spate of mixed earnings and signs that U.S. President Donald Trump's protracted trade war is hitting corporate profit margins even as Trump's dealmaking deadline approached,

Major U.S. stock futures indicate a mostly steady start to Tuesday’s trading session, with investors showing caution after modest gains in the previous day’s market close. Traders are holding back from making aggressive moves as the August 1 deadline for President Donald Trump’s proposed “reciprocal tariffs” approaches,

The S&P increased by more than 0.6% on Monday afternoon to a record intraday high of 6,336, while the Nasdaq rose up to nearly 0.8% to an intraday record of 21,077 before both indexes pared gains back slightly.

Wall Street struggled for direction on Tuesday as investors weighed signs of progress in U.S. trade talks and perused a spate of second-quarter company earnings, some of which showed a hit from President Donald Trump's tariff policies.

And Wall Street’s “fear gauge,” the VIX, exploded to rare heights… On April 8, the VIX closed above 50. We’ve only seen this level or higher in 2008, 2009, and 2020.

By Nikhil Sharma and Pranav Kashyap (Reuters) -Wall Street futures inched up on Monday, buoyed by hopes of breakthrough trade deals and ahead of earnings from industrial and tech giants that could set the tone for markets this week.

Wall Street Set To Open Significantly Higher April 23, 2025 — 08:42 am EDT Written by RTTNews.com for RTTNews ->