US Stock Market Live Updates: US stocks turned lower on Tuesday as investors assessed Fed chair appointee Kevin Warsh and weighed leadership changes at Apple. The Dow Jones Industrial Average fell 0.1%, while the S&P 500 declined 0.2% and the Nasdaq Composite slipped 0.1%.
US Stock Market Live Updates: US stocks turned lower on Tuesday as investors assessed Fed chair appointee Kevin Warsh and weighed leadership changes at Apple.
The Dow Jones Industrial Average fell 0.1%, while the S&P 500 declined 0.2% and the Nasdaq Composite slipped 0.1%.
During his hearing, Warsh pushed back against concerns of political influence, saying he would not act as a “sock puppet” for Donald Trump, even as tensions between the White House and the Federal Reserve remain in focus.
Geopolitics also stayed in play, with Trump signalling fresh talks with Iran while warning military action could still be on the table as the ceasefire deadline nears.
Meanwhile, markets are also digesting a major leadership shift at Apple, where Tim Cook is set to step down, handing over the role to John Ternus.
The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors.
West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.
Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.