Overview:
U.S. equities staged a broad midday recovery on Tuesday, with the Russell 2000 leading all major indexes at +1.41% while the S&P 500 added 0.78% after Monday's 0.41% slide to 7,200.75. West Texas Intermediate crude fell 2.22% to $104.10, easing geopolitical pressure from the U.S.-Iran naval confrontation that has dominated the tape all week. Pfizer rose 2.2% on a Q1 revenue beat of $14.45 billion,
U.S. equities staged a broad midday recovery on Tuesday, with the Russell 2000 leading all major indexes at +1.41% while the S&P 500 added 0.78% after Monday’s 0.41% slide to 7,200.75. West Texas Intermediate crude fell 2.22% to $104.10, easing geopolitical pressure from the U.S.-Iran naval confrontation that has dominated the tape all week. Pfizer rose 2.2% on a Q1 revenue beat of $14.45 billion, while Micron surged 5% on AI-driven HBM demand, and Kevin Warsh’s Fed confirmation hearing added a monetary policy overhang to an already complicated afternoon setup.
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