US stocks gain as investors assess slew of Trump executive orders
Investing.com - US stock markets opened higher on Tuesday, extending gains notched in the prior session, after President Donald Trump announced a series of executive orders and investors awaited a slew of major corporate earnings this week.
In a memo, the Commerce and Treasury departments and the US Trade Representative were ordered by Trump to also investigate the"economic and national security implications and risks" resulting from trade deficits and recommend"appropriate" responses,"such as a global supplemental tariff or other policies" to remedy the matter.
Other orders pertained to moves to end diversity, equity and inclusion programs in the federal government, and created a so-called Department of Government Efficiency that will be led by Tesla posted fourth-quarter results that exceeded analyst expectations, while its 2025 earnings outlook was largely in line with consensus estimates. Shares in the company jumped in early trading.
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