Main U.S. equities indexes climbed Tuesday as commerce representatives from the U.S. and China engaged in talks for a second straight day.

Each the S&P 500 and the Nasdaq ended the session with good points of round 0.6%, whereas the Dow was up 0.3%. Learn Investopedia’s full protection of the day’s trading here.

Intel (INTC) shares surged almost 8%, gaining essentially the most of any inventory within the S&P 500. Shares of different semiconductor makers additionally moved greater because the U.S.-China talks bolstered hopes for looser export restrictions. Though Apple (AAPL) mentioned it would finish assist subsequent yr for Mac computer systems constructed with Intel’s processors, offering extra proof of the transitional interval confronted by the chipmaker, analysts have expressed confidence within the capability of CEO Lip-Bu Tan, who took the reins of in March, to drive a turnaround at Intel.

Caesars Leisure (CZR) shares jumped 5.7%. TD Cowen analysts reiterated a “purchase” score on the on line casino operator’s inventory, noting that the corporate’s loyalty program has helped drive leisure, meals and beverage, and lodging revenues to complement its conventional earnings from gaming operations. The analysts additionally pointed to potential progress in its digital enterprise.

Tesla (TSLA) inventory additionally added 5.7% as social-media posts from CEO Elon Musk hinted on the impending launch of the corporate’s autonomous experience hailing service in Austin, Texas. Tuesday’s transfer greater prolonged a restoration for the inventory that kicked into gear throughout the earlier session as tensions appeared to ease between Musk and President Donald Trump.

Warner Bros. Discovery (WBD) shares superior 5%, a day after the media conglomerate introduced plans to split into two companies. One entity will home Warner’s TV and film studios together with the HBO Max streaming service, whereas the opposite shall be residence to its cable channels and the Discovery+ streaming service. The inventory initially surged following the Monday-morning announcement, gave again these good points to finish Monday’s session decrease, after which rose once more in the present day.

Meals maker J.M. Smucker (SJM) reported lower-than-expected sales for its fiscal fourth quarter of 2025, and its revenue steering for fiscal 2026 additionally got here in beneath expectations. The maker of Folgers espresso and Uncrustables handheld sandwiches mentioned that quantity/combine impacts contributed to a year-over-year decline in web gross sales, particularly declines in canine treats and candy baked items. Smucker shares sank almost 16%, dropping essentially the most of any S&P 500 inventory on Tuesday.

Common Well being Companies (UHS) fell 2.9% on Tuesday, extending losses posted within the prior session after the hospital operator’s chief monetary officer mentioned a decline in the volume of surgical procedures at its services.

Google is providing buyouts to U.S. staff throughout a number of divisions of the corporate, together with inside its search division. 

The corporate’s data and data division, which incorporates Google’s search, promoting, and commerce groups, introduced its “voluntary exit program” as we speak, the corporate instructed Investopedia. Buyouts have additionally been provided to the tech titan’s central engineering groups, the corporate confirmed. 

“Earlier this yr, a few of our groups launched a voluntary exit program with severance for U.S.-based Googlers, and several other extra are actually providing this system to help our vital work forward,” Google spokesperson Courtenay Mencini wrote in a press release. 

“A lot of groups are additionally asking distant staff who reside close to an workplace to return to a hybrid work schedule as a way to carry of us extra collectively in-person,” Mencini added.

Google’s newest transfer to cut back headcount comes after a number of rounds of layoffs in 2024, and a significant push initially of 2023 that laid off roughly 12,000 staff, or about 6% of its workforce.

Shares of Google mum or dad Alphabet (GOOGL) climbed about 1% Tuesday, leaving them down over 5% for 2025 to this point. They have been little modified in after-hours buying and selling.

Apple (AAPL) shares rose barely Tuesday after dropping floor the earlier session following bulletins from the corporate at its builders convention that didn’t impress traders.

The tech big, which kicked off its week-long Worldwide Builders Convention on Monday, unveiled a number of AI-related enhancements with iOS 26 however stated enhanced Siri features needed more time to satisfy the corporate’s high quality requirements.

The dearth of recent Siri updates possible raised issues that the corporate, which was sluggish to roll out its flagship Apple Intelligence software program, is dropping floor to different tech giants with synthetic intelligence and that additional delays could slow iPhone sales as consumers postpone their upgrade cycle. The corporate’s keynote presentation Monday delivered “sluggish however regular enhancements to technique,” Wedbush analysts said, “however total [it was] a yawner.”

Apple inventory is down 19% for the reason that begin of 2025, making it the weakest performer amongst members of the Magnificent Seven group of main expertise firms, alongside Tesla (TSLA). Apple shares gained 0.6% on Tuesday to shut at $202.67, after dropping 1.2% yesterday.

Beneath, we break down the technicals on Apple’s chart and level out essential worth ranges value watching out for.

50-Day Transferring Common Offers Promoting Strain

After rebounding from their early-April low, Apple shares have traded largely sideways, with the worth not too long ago forming a rising wedge. The worth then bumped into promoting strain close to the downward sloping 50-day moving average, doubtlessly setting the stage for a continuation of the inventory’s longer-term downtrend that began in late December.

In the meantime, the relative strength index has struggled to reclaim its impartial threshold, signaling bearish worth momentum.

Let’s establish essential support and resistance ranges on Apple’s chart that traders will possible be watching.

Vital Help Ranges to Watch

A breakdown under the rising wedge may initially see the shares fall to round $193. This space could present help close to the low of the sample, which additionally aligns with a variety of corresponding price action on the chart extending again to Might final 12 months.

The bulls’ failure to efficiently defend this degree opens the door for a extra important drop to $180. Discount hunters could search buy-and-hold alternatives on this location close to a quick retracement in Might final 12 months following a breakaway gap above the 200-day transferring common.

This degree additionally sits in the identical neighborhood as a measured transfer draw back price target that calculates the decline in points that preceded the rising wedge and deducts that quantity from the sample’s decrease trendline.

Resistance Ranges to Monitor

Throughout upswings within the inventory, traders ought to monitor the $214 degree. The shares could encounter overhead promoting strain on this space close to a number of peaks and troughs that fashioned on the chart between September and Might.

Lastly, a decisive shut above this degree may see Apple shares climb towards $235. Traders who purchased shares at decrease costs could search for exit points on this area close to notable peaks that developed on the chart in July and October final 12 months.

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As of the date this text was written, the writer doesn’t personal any of the above securities.