US stocks retreated on Tuesday as investors digested the latest wave of corporate earnings, economic data, and various tariff updates. Palantir (PLTR) stock jumped roughly 7% after the company's earnings report beat expectations and revealed its revenue had topped $1 billion in a quarter for the first time.

All the three major US stock indices edged higher during the early minutes of trade on Thursday as the chip tariffs announced by US President Donald Trump include broad exemptions. The S&P 500 rose 0.73% while the Nasdaq Composite climbed 1.21%. The Dow Jones Industrial Average also climbed 0.18%.

Stocks are rising on Wall Street, even as President Donald Trump’s latest tariffs kicked into effect on dozens of countries.