US equities are fluctuating in mixed trading as corporations continue to report higher-than-expected earnings, but CEOs express anxiety about how long this trend can continue due to President Donald Trump’s trade conflict. Early Tuesday, the S&P 500 saw a 0.3% decline. The Nasdaq composite was down 0.4%, while the Dow Jones Industrial Average was up 48 points. Due to “macro-economic uncertainty,” UPS stated that it would not be revising its projections. Trump’s tariffs are raising prices, which investors fear might trigger a recession. However, their unpredictable implementation is also confusing families and companies.
After US markets sank to a quiet, mixed close at the beginning of a hectic week of corporate results and economic data, global equities were largely up Tuesday. The CAC 40 was essentially steady at 7,571.68, but Germany’s DAX increased 0.7% to 22,421.79. The FTSE 100 in Britain was likewise staying stable at 8,416.80. Both the Dow Jones Industrial Average and the S&P 500 futures saw a 0.3% increase.
Tokyo’s markets were closed for a holiday in Asian trade. The Shanghai Composite index slightly down by 0.1% to 3,286.55, while Hong Kong’s Hang Seng gained 0.2% to 22,008.11. The Kospi in South Korea increased by 0.7% to 2,565.42. The S&P/ASX 200 in Australia increased 0.9% to 8,070.60.
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