Overview

• The Dow, Nasdaq, and S&P 500 all posted gains of around 2% on Tuesday, reflecting renewed market confidence.
• Technology and semiconductor stocks led the rebound, with the iShares Semiconductor ETF rising 3.3% and Broadcom jumping 7.3%.
• Walgreens Boots Alliance reported better-than-expected second-quarter earnings with $38.59 billion in sales, a 4.1% year-over-year increase, despite a decline in adjusted EPS.
• President Trump indicated a more diplomatic approach to tariff negotiations, mentioning active talks with South Korea and China's interest in reaching a deal.
• Commodities also saw gains, with crude oil rising 1.3% to $61.47 per barrel and gold increasing 1.8% to $3,026.10.