US stocks dip but bonds and the dollar bounce back amid pause in tariff turmoil

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US stocks dip but bonds and the dollar bounce back amid pause in tariff turmoil - Channel News Asia

Quick Summary:

BOSTON/LONDON :Some trade policy relief and strong bank earnings were not enough to keep Wall Street from pushing U.S.stocks down slightly on Tuesday, although U.S.government bonds and the dollar regained some ground after sharp declines last week.U.S.

"It's a bit unnerving after the rollercoaster ride we've been on since the tariff tantrum began".Outside the U.S., investors took whatever good news they could get after the recent heavy selling across markets and pushed shares higher.

Analysts remained cautious, however, as uncertainty over Trump's trade policies, and his constant back-and-forth on tariffs, continued to cast a cloud over markets and the global economic outlook.