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<US>As Tariff Volatility Eases, Nasdaq Dips 8 Pts at Close; Meta Sags ~2% Amid Antitrust Probe
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The VIX Index, often called the index for fear gauge, fell to 30 in last printing from a high of 60 last week as tariff-related market turbulence subsided, with investors shifting focus to the latest corporate earnings. On Tuesday, U.S. stock indices traded with volatility. The DJIA closed down 155 points or 0.4% at 40,368; the Nasdaq edged lower by 8 points to 16,823; and the S&P 500 dipped 9 points or 0.2%. Bank of America (BAC.US) and Citigroup (C.US) reported 1Q earnings that topped expectations, with shares leaping nearly 4% and 2%, respectively. This week, United Airlines (UAL.US) and Netflix (NFLX.US) are set to release results. Netflix, which lately announced a 2030 revenue target doubling last year’s and a USD1 trillion market cap goal, finished up nearly 5%. Large-cap techs mostly declined, with Meta (META.US) losing nearly 2% amid a U.S. antitrust probe; and Alphabet (GOOG.US) and Amazon (AMZN.US) shedding over 1%. Tesla (TSLA.US) gained less than 1%. Boeing (BA.US) slid over 2% amid reports that China ordered domestic airlines to suspend acceptance of aircraft deliveries. AAStocks Financial News |
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