US Stocks Rebound Sputters Out Under Weight of Tariff Showdown

US equities snapped a two-day climb Tuesday as negotiations with other nations in President Donald Trump’s trade war made scant progress.

The S&P 500 Index slipped 0.2% in New York after ceding intraday gains, while the technology-heavy Nasdaq 100 Index edged up by roughly the same margin. Bond yields retreated after Treasury Secretary Scott Bessent downplayed the recent selloff, dismissing speculation that foreign nations were dumping their holdings.

Traders were whiplashed again by a slew of tariff headlines. The European Union and US struggled to bridge trade differences this week as White House officials said the bulk of the ...