U.S. Stocks Giving Back Ground As Crude Oil Prices Rebound

US equities traded modestly lower on Tuesday, partially reversing a significant rebound from the prior session as major averages opened notably down but regained ground later in the day. The intraday swing points to short-term volatility and mixed investor positioning rather than any fresh macro or corporate news.

Analysis

US equities traded modestly lower on Tuesday, partially reversing a significant rebound from the prior session as major averages opened notably down but regained ground later in the day. The intraday swing points to short-term volatility and mixed investor positioning rather than any fresh macro or corporate news.