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On today's Market Minute, Madison Mills recaps the trending stories on Wall Street in just 60 seconds.
Citigroup (C) and Bank of America (BAC) stocks gain after reporting earnings that beat analyst estimates.
Johnson & Johnson (JNJ) is in focus after reporting earnings results as US President Trump pushes for tariffs on pharmaceutical imports into the US.
China reportedly stopped deliveries of Boeing (BA) orders as the US–China trade war continues, according to reporting from Bloomberg.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo! Finances market minute. Stocks are higher for the third day in a row as investors navigate rapidly changing trade policy with the EU saying it expects most tariffs to remain as negotiations make little progress. Stocks pairing their gains off of that headline, but we did get more bank earnings. City and Bank of America both rising after topping Wall Street's expectations in their latest quarters. The banks reporting increased revenue fueled by booming in trade volume amid the market volatility. Johnson & Johnson shares lower after topping earnings estimates and boosting full-year sales forecast. Meantime, the Trump administration is probing pharmaceutical imports, setting the stage for tariffs on the sector. And Boeing shares are lower as China tells airlines to halt orders of the aerospace giant's jets in the latest escalation of the US-China trade war. That's according to reporting from Bloomberg. And that is your Yahoo! Finance market minute. For more on what's trending, scan the QR code where you can track the best and worst performing stocks of the session.