Apr. 29 at 8:51 PM
U.S stock markets climbed higher on Tuesday. Commerce Secretary Howard Lutnick has stated that he has reached a trade deal with an unnamed country, which is likely India. Early Tuesday,
$GM pulled its earnings guidance, saying tariffs had clouded the outlook & reported that quarterly profit slid. The automaker also suspended share buybacks. Shares of global consumer & commercial services company
$ROL were trading at all-time-high levels dating back to when the stock began trading in 1968.
$DJIA +0.75% (+300.03) at 40,527.62, in longest winning streak in 9 months,
$SPX +0.58% (+32.08) at 5,560.83, up for a 6th session.
$COMPQ +0.55% (+95.18) at 17,461.32. Despite the afternoon rally in stocks, the S&P 500 ended the day with its largest loss in the 1st 100 days of a new presidential term since Nixon's in 1973.