On a turbulent Tuesday, the Dow closed unchanged while the S&P 500 rose by nearly 0.4% and the Nasdaq increased by almost 0.9%. Investors are awaiting President Trump’s tariff plan announcement on Wednesday to gain clarity amidst ongoing market uncertainty, according to Liz Miller of Summit Place Financial Advisors. The stock market experienced fluctuations throughout the day, with Newsmax and Tesla seeing significant gains, while Johnson & Johnson suffered a 7.5% drop after a bankruptcy judge rejected their proposal to settle lawsuits related to their talc products.
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Former Sen. Bob Menendez set to report for 11-year prison sentence
Former Sen. Bob Menendez is reporting to prison to serve an 11-year sentence for federal bribery charges, with expectations to be housed in a minimum-security facility in Pennsylvania. He was convicted last year for accepting bribes in exchange for political favors, and despite maintaining his innocence, he has resigned from the Senate and is seeking a pardon from President Trump. Need More Context? 🔎
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