Overview
- Major U.S. indices regained over 2% on Tuesday, recovering Monday’s steep losses triggered by President Trump’s attacks on Federal Reserve Chair Jerome Powell.
- Gold reached a record high of $3,500 per ounce before retreating slightly, reflecting persistent investor caution despite equity market recovery.
- The U.S. dollar steadied after hitting a three-year low on Monday, as concerns over Fed independence and trade policy continued to weigh on sentiment.
- Corporate earnings, including reports from Tesla, Lockheed Martin, and Verizon, are in focus as investors assess economic resilience amidst policy uncertainty.
- Treasury yields stabilized following Monday’s bond market sell-off, with analysts closely watching upcoming Fed speeches for policy direction.