President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.

Couche-Tard pulls $47B takeover bid for 7-11 parent. PBS, NPR face funding loss as Senate approves DOGE-backed budget cuts. Wix.com climbs after Barclays reveals hike on subscription plans.

Tuesday: JPMorgan Chase, Wells Fargo, Citigroup, BlackRock, and Bank of New York Mellon release results. Wednesday: Bank of America, Morgan Stanley, Goldman Sachs report.

Wall Street stocks closed marginally up on Monday as investors sidestepped any meaningful moves following U.S. President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.

The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a group of Republicans that had blocked a procedural vote that would have advanced crypto legislation, to convince them to let the legislation advance. Odds of Powell being fired surged to 40% on prediction market Kalshi.

BofA Securities analyst Andrew Obin and Stephens analyst Tommy Moll both feel better about the outlook these days.

As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.

On Bullish with Sonali Basak, we explore how private equity is changing the landscape for homebuyers and renters, and whether it will help or hurt them.

The S&P 500 was virtually unchanged in midday trading and just a bit below its all-time high, even as more than four out of every five stocks within the index fell.

Some top executives at Wall Street banks have been showing concern about higher inflation and potential deterioration of the U.S. economy as tariffs take effect, noting there has been more cautious behavior from corporate clients.