U.S. Stocks Rally After Strong Corporate Profits Amid Trump Trade War and Fed Attacks
U.S. stocks rallied on Tuesday following stronger-than-expected corporate profit reports, helping to stabilize other U.S. investments after a sharp decline the previous day. The market rebound came after concerns over President Donald Trump's trade war policies and his criticisms of the Federal Reserve had contributed to the earlier sell-off. Investors appeared to regain confidence as earnings results exceeded forecasts, leading to a widespread rally across the stock market.
Sources
Spectrum Bay News 9U.S. stocks jumped in a widespread rally Tuesday, and other U.S. investments steadied a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve. https://t.co/ejRaTyPxGN
Washington Times Local
U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump's trade war and his attacks on the head of the... https://t.co/ZpeoWOCe0O
Chicago Tribune Stocks are rallying Tuesday after companies reported fatter profits than expected, and other investments are also steadying a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve. https://t.co/TudCAyTXOD