NEW YORK (AP) — U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve.

It’s been benefiting from the sharp moves in the bond market. The unusual drops for Treasury yields recently are translating into lower rates for mortgages for potential customers. The concurrent drops for stock prices, though, are likely also scaring some potential buyers.

Weak results, despite upcoming catalysts, were enough for one analyst to downgrade Tesla shares. CFRA analyst Garrett Nelson cut his Tesla rating to Hold from Buy on Tuesday evening. His target price went to $260 from $360 a share.

Hundreds of protests at Tesla showrooms have also weighed on the company. Under the banner of a “Tesla Takedown,” opponents of Musk and Trump’s government policies have targeted the company to try to gain leverage over Musk, and demonstrators have continued to swarm Tesla locations, especially on weekends.

Tesla's revenue is down 9% from a year ago and shares have plummeted as carmaker misses Wall Street expectations

Then US stock traders had a nice three-day weekend — the first sunny and warm spring weather New York City has seen this year — to ponder whether Trump was serious. Perhaps Th

U.S. stocks rebounded on Tuesday as a spate of quarterly earnings reports and hints at the de-escalation of U.S.-China trade tensions brought buyers in from the sidelines.

Major U.S. stock indexes rallied and the dollar stabilized, as investors welcomed comments from the White House on tariff negotiations.

GE Aerospace reported a double-digit gain in revenue for the first quarter of 2025 while reaffirming its full-year guidance amid a challenging macroeconomic backdrop.