Wall Street Wobbles After 2-Day Rally: Boeing Crashes, Bank of America Surges, and Tariff Drama Returns

After a two-day tech-fueled rally, U.S. stock futures dipped slightly on Tuesday as investors turned cautious ahead of major corporate earnings.
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๐ Dow Jones Futures fell 143 points (-0.3%)
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๐ S&P 500 Futures dropped 0.2%
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๐ Nasdaq-100 Futures slipped 0.2%
The market had surged Monday after news that the U.S. would temporarily exempt certain electronics from tariffs, lifting tech stocks like Apple and Nvidia.
๐ฅ Key Movers & Market Highlights:
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๐ซ Boeing stock plunged 4% after China halted deliveries of its jets amid trade tensions.
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๐ผ Bank of America posted a strong Q1 with a 9% rise in trading revenue, beating Wall Street estimates.
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๐ฅ Johnson & Johnson beat earnings expectations but saw muted stock movement.
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๐ฆ Citigroup also topped forecasts with solid earnings and revenue.
๐ Whatโs Driving the Volatility?
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President Trump hinted at possible pauses on auto tariffs, but mixed signals keep traders wary.
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Investors remain uncertain about the long-term impact of US-China trade tensions and upcoming Fed decisions.
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Global markets followed Wall Streetโs lead, with Asian and European indexes mostly closing higher.
๐ What to Watch This Week:
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Major earnings ahead: Netflix, United Airlines, and more.
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Key data: Import/Export Prices, Empire State Manufacturing Index.




