The Dow Jones index rose on the stock market today as Verizon and Cleveland-Cliffs climbed after quarterly results. Apple and Nike also shined.

EUR/USD has erased losses to retake 1.1700 in the European session on Tuesday. The pair picks up bids as the US Dollar recovery falters amid market caution, in light of the Trump-Powell feud and the impending US-EU trade deal.

From the technical point of view, SP500 settled above the resistance at 6280 – 6290 and is heading towards the 6350 level. A move above this level will open the way to the test of the 6400 level. RSI remains in the moderate territory, so there is plenty of room to gain momentum in the near term.

The stock market is at highs thanks to Nvidia and AMD, but getting a little stretched. Tesla and Google are on tap. AI stock Astera kept running.

Eastern Time, the S&P 500 was 0.6% higher, the Dow Jones Industrial Average was up 0.5%, and the Nasdaq Composite was adding 0.7%.

The stock's fall snapped a three-day winning streak.

The Dow Jones Industrial Average slipped on Friday (July 18) amid reports that US President Donald Trump is pushing for higher tariffs on the European Union. The 30-stock index fell 142 points, or 0.3%.