Stock market today: Dow, S&P 500, Nasdaq futures rise as Trump floats auto tariff reprieve

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US stock futures climbed on Tuesday, as optimism over a possible auto tariff reprieve lifted sentiment ahead of the next round of corporate earnings. Futures attached to the Dow Jones Industrial Average edged up 0.10% and the benchmark S&P 500 rose 0.18%. Futures attached to the tech-heavy Nasdaq Composite were up 0.2%.

On Monday, US stocks rose on the heels of a remarkably volatile week for markets following news the Trump administration would treat tariffs on key electronics separately from duties on specific countries and would impose them at a later date. The president also floated possible tariff exemptions for car companies, sending auto stocks soaring.

📊 S&P 500 tallies its first ‘death cross’ in 3 years. Here’s what happens next: The S&P 500 reached an ominous-sounding milestone on Monday, even as stocks largely added to their gains from last week’s rebound. Once the closing bell had rung, the large-cap index managed to tally a “death cross” — its first since March 2022, according to Dow Jones Market Data. MarketWatch reports.

💻 Microsoft signs large carbon removal deal backing AtmosClear's Louisiana project: Microsoft said on Tuesday it signed a contract for a project in Louisiana that would remove 6.75 million metric tons of carbon dioxide over 15 years, which it says is the world's biggest permanent carbon removal project to date. AOL reports.

🚗 Global electric vehicle sales up 29% in March, researchers find: Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in March, helped by growth in China and Europe, while EV growth in North America was hampered by U.S. President Donald Trump's stance towards emissions standards and uncertainties around tariffs, data showed on Tuesday. Yahoo Finance reports.

💻 AMD set to produce its CPU chip at TSMC plant in Arizona: Advanced Micro Devices said on Tuesday its key processor chips would soon be made at TSMC's new production site in Arizona, marking the first time that its products will be manufactured in the United States. Yahoo Finance reports.

🗓️ Bank of America tops analysts’ estimates on better-than-expected interest income, trading: Bank of America on Tuesday posted first-quarter results that topped analysts’ expectations for profit and revenue on stronger-than-expected net interest income and trading revenue. CNBC reports.

⚠️ Japan's anti-monopoly watchdog accuses Google of violations in smartphones: Japanese regulators on Tuesday accused U.S. tech giant Google of violating anti-monopoly laws, echoing similar moves in the U.S. and Europe. Yahoo Finance reports.

📊 J&J beats Wall Street quarterly sales and profit estimates on cancer drug sales: Johnson & Johnson on Tuesday reported first-quarter revenue and profit above Wall Street estimates, driven again by strong sales of its cancer treatments including multiple myeloma medicine Darzalex. Yahoo Finance reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $SNYR: Synergy CHC
Total gain: +189.94%

2) $SBEV: Splash Beverage Group
Total gain: +72.46%

3) $ARBB: ARB IOT Group
Total gain: +34.92%

4) $FIP: FTAI Infrastructure
Total gain: +30.17%

5) $KTCC: Key Tronic
Total gain: +30%

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

UAL: United Airlines Holdings
1Q 2025
After Market Close
Estimate: 0.760
Actual: N/A

JBHT: J.B. Hunt Transport
1Q 2025
After Market Close
Estimate: 1.140
Actual: N/A

FULT: Fulton Financial
1Q 2025
After Market Close
Estimate: 0.430
Actual: N/A

Time (ET) / Report / Period

8:30 am - Import price index - March
8:00 am - Import price index minus fuel - March

“Diversification is a form of risk management. By holding a broad mix of investments, you reduce the risk that any one investment will have a significant impact on your portfolio.”

- John C. Bogle

Sourced in: “The Little Book of Common Sense Investing”, by John C. Bogle, published in 2007