Wall Street Balanced – Investors Cautiously Await Megacap Earnings Reports

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On Tuesday, US Wall Street stocks ended mixed after yesterday's positive gains.


All three major indexes showed stability driven by cautious investors awaiting economic data and first-quarter earnings of megacaps such as Amazon, Apple and Microsoft.


The Dow Jones Index rose 0.28%, the S&P 500 rose 0.06% while the tech-focused Nasdaq fell 0.1%.


The balance of the major indexes was supported by confidence in good negotiations between the US and China to reconcile over the tariff war issue.


Although Beijing denied that there were any talks between US President Donald Trump and Chinese President Xi Jinping, investors are hoping for a peaceful resolution between the two world giants.


US Treasury Secretary Scott Bessent also said that major US trading partners have made good tariff proposals.


Furthermore, the Republic of China's action to exempt some US imports from tariffs shows efforts to reconcile between the two world powers.


However, investors remain concerned that the US-China tariff negotiations could potentially lead to a US economic recession.


Overall, US stock market trading volume recorded $17.05 billion compared to an average of $19.26 billion over the full 20 trading days.

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