On Tuesday, the Dow Jones index closed about 293 points lower after President Trump initially said that there would not be an extension to the Iran ceasefire and that Iranian negotiators have no choice but to come to an agreement.
Meanwhile, the 10-year Treasury bond yields stood at 4.286%, and the two-year bond was at 3.766% at the time of writing. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.5% likelihood of the Federal Reserve leaving the current interest rates unchanged in April.
Index
Performance (+/-)
Dow Jones
0.56%
S&P 500
0.60%
Nasdaq 100
0.76%
Russell 2000
0.99%
The SPDR S&P 500 ETF Trust (NYSE:SPY) and Invesco QQQ Trust ETF (NASDAQ:QQQ), which track the S&P 500 index and Nasdaq 100 index, respectively, were higher in premarket on Tuesday. The SPY was up 0.64% at $708.54, while the QQQ surged 0.49% to $647.49.
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Stocks In Focus
Tesla
Wall Street expects Tesla Inc. (NASDAQ:TSLA) to report quarterly earnings at 37 cents per share on revenue of $22.71 billion after the closing bell. TSLA shares rose 0.87% to $389.77 in pre-market trading.
TSLA maintains a strong price trend over the long term, with a weak price trend over short and medium terms, as per Benzinga’s Edge Stock Rankings.
Boeing
Analysts expect Boeing Co.
