The equity markets are diverging following some mixed earnings reports but are still on track for strong weekly gains following a three-day volatile rally.
Eyes turn to earnings as Alphabet reports later, but jobless claims loom first. Trade hopes lifted stocks yesterday, but yields were volatile on weak demand despite soft data.
Investors digested Tesla results and await earnings from a host of firms, including AT&T and IBM. Bessent's trade update is also ahead as hopes for progress lifted stocks Tuesday.
Recent volatility has pushed yields to historically high levels, potentially creating opportunities in municipal bonds, especially for higher-net-worth investors.
Tesla reports following another sharp drop for stocks and Treasuries Monday. Earnings pick up but a Treasury auction also could be key. Any trade-related news might move markets.
Theoretical forecasts and earnings announcements may provide initial insights as to the impact of current tariff proposals, although estimates may be imprecise.
Find Market Commentary content
The State of Rates and the Bond Market During Uncertainty
Today's Options Market Update
Weekly Trader's Outlook
Alphabet Results, Jobless Claims Next After Rally
Looking to the Futures
After Weak Tesla Earnings, Trade Update Awaited
Why the Tariff Rollout Spooked the Muni Market
Tesla Earnings Ahead After Rough Start to Week
Early Impacts of the Trade War