Stocks and oil prices hold relatively steady in the countdown to US-Iran ceasefire talks
US stocks rose on Tuesday as companies like UnitedHealth Group reported higher-than-expected profits, offsetting losses in Tractor Supply. Oil prices remained relatively stable amid ongoing US-Iran ceasefire talks.
US stocks ticked higher on Tuesday as UnitedHealth Group and other major companies reported stronger-than-expected profits. The S&P 500 added 0.3%, nearing another all-time high. UnitedHealth jumped 9.4% after beating earnings estimates and raising its full-year profit forecast. Quest Diagnostics rose 5.9% after also surpassing expectations. A report showed US retailers made more money in March than analysts expected, indicating the US economy may be performing well despite the ongoing war with Iran. Oil prices remained stable, with Brent crude dipping 0.5% to $95.05 ahead of US-Iran ceasefire talks.
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