US Markets Rebound Amid Auto Tariff Speculation

US stock markets experienced a rebound, driven by positive earnings reports from major banks and potential tariff exemptions for the automobile sector. The S&P 500 and Nasdaq indices saw gains, while the Dow Jones Industrial Average rose slightly amid ongoing trade tensions. President Trump hinted at temporary tariff exemptions on imported vehicles and auto parts, providing relief to the auto industry. Meanwhile, Boeing shares declined following China's directive to halt plane deliveries due to US-imposed tariffs. The semiconductor and pharmaceutical sectors face potential new tariffs as the US Commerce Department investigates their national security impacts. Amid these developments, the US dollar weakened against major currencies, reflecting market volatility and trade tensions.