Shares on Wall Street were mostly higher on Tuesday after U.S. stocks drifted to a mixed, quiet close to start a busy week of corporate earnings and economic data, according to the Associated Press.
The futures for the S&P 500 and the Dow Jones Industrial Average were up 0.3% Tuesday. On Monday, mixed trading for some influential tech stocks ahead of their earnings reports this week pulled the S&P 500 back and forth between modest gains and losses. Amazon fell 0.7%, Microsoft dipped 0.2%, Meta Platforms added 0.4% and Apple rose 0.4%.
Markets have gotten a respite from the sharp swings that had rocked them as hopes rose and fell that President Donald Trump may back down on his trade war. The Wall Street Journal reported Monday that Trump was preparing to adjust his 25% tariffs on imports of autos and auto parts.
In other dealings early Tuesday, benchmark U.S. crude oil lost 73 cents to $61.32 per barrel. Brent crude gave up 76 cents to $64.03 per barrel.
The U.S. dollar bought 142.53 Japanese yen, up from 142.02 yen.
