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 U.S. stocks ended higher on Tuesday, after President Trump touted a positive phone call with his Chinese counterpart Xi Jinping about next week's trade meeting at the G-20 summit in Japan. The Dow Jones Industrial Average rose 355 points, or 1.4%, to end around 26,466. The S&P 500 index was up almost 1% to finish near 2,918, while Nasdaq Composite Index climbed 1.4% to 7,954. The S&P 500 ended the day close to 1% away from its all-time closing record. Trump said on Twitter that he will hold an "extended meeting" with President Xi at the G-20, with markets hoping that they can hash out a deal to avert further tariffs on Chinese imports. ECB President Mario Draghi also said on Tuesday that the euro-area central bank would keep its options open about cutting rates in the coming weeks.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 The Federal Reserve might save its ammunition until more is known on trade war front
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Stock-market investors haven't been this bearish since the 2008 financial crisis, says Bank of America MarketWatchFund managers haven't been this bearish since the financial crisis thanks to the trade war Yahoo FinanceBofAML's Fund Manager Survey a 'Parade of Horribles,' Woodard Says Bloomberg Markets and FinanceBank of America: Investors are the most bearish since 2008 crisis CNNInvestors Haven't Been This Bearish Since 2008 Financial Crisis BloombergView full coverage on Google News
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 * Oil prices climb on U.S.-China trade hopes
(Updates with close of U.S. markets)
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Some social-media users regard Mark Zuckerberg's financial-services ambitions with skepticism.
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Perhaps the most optimistic indicator, currently suggesting a low-risk/high-reward stock market, is that most investors are behaving as though they expect troubled times, says Jim Paulsen of The Leuthold Group.
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At the Paris Airshow this year it's a pivotal moment for the world's main airplane makers, all of whom are jostling for market share and vying for future dominance. Things could go many different ways in coming years. Here's a look at the most interesting headlines so far.
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Oil futures rally Tuesday, with U.S. prices settling at their highest in over a week, after a tweet from U.S. President Donald Trump suggested progress in trade talks with China, lifting benchmark stock indexes and easing concerns over energy demand.
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President Donald Trump, asked by reporters Tuesday if he still wants to demote Federal Reserve Chairman Jerome Powell, replied: "Let's see what he does." Trump said he was not getting a "level playing field" with other countries, noting that the European Central Bank has a "much different stance" than the Fed. The questions were prompted by a Bloomberg News report that the White House counsel explored the legality of stripping Powell of his chairmanship and leaving him on the board as a governor.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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President Donald Trump's hostile response on Twitter to Draghi's signal that the ECB could move to provide further monetary stimulus as early as next month is stoking fears that a potential U.S. trade war with its major trading partners could also be accompanied by a currency war.
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Over the next 10 years, Google hopes to help bring 20,000 new homes to the local market. Part of the company's plan calls for rezoning land it owns for residential use.
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The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 812,000 barrels for the week ended June 14, according to sources. The API also reportedly showed a stockpile climb of 1.5 million barrels in gasoline, while distillate supplies edged down by 50,000 barrels. Inventory data from the Energy Information Administration will be released Wednesday. The EIA data are expected to show crude inventories fell by 2 million barrels last week, according to a survey of analysts conducted by S&P Global Platts. The survey also forecast an increase of 1 million barrel each for gasoline and stockpiles. July West Texas Intermediate crude was at $54.09 a barrel in electronic trading, up from the contract's $53.90 settlement on the New York Mercantile Exchange.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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CBS Corp. is preparing to make an offer for sister media company Viacom Inc. in the coming weeks, following a meeting of CBS directors last week in which a potential deal was discussed, according to people familiar with the situation.
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Your status updates could predict a whole range of health conditions, according to new research.
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Gold prices on Tuesday jump to the highest levels in more than a year as comments made in Portugal by European Central Bank President Mario Draghi ahead of a meeting of the Federal Reserve is seen as setting the stage for lower interest rates.
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Tempur Sealy International Inc.'s shares rose 5% in premarket trade Tuesday, after the mattress company said it has added two new retailers to its network and expanded its relationship with an existing one. The Lexington, Ky.-based company said it expects the new agreements too boost sales by more than $400 million on an annual run rate basis. It expects the sales lift to add $75 million to $100 million to annual adjusted EBITDA from 2020. The new retailers are Mattress Firm Inc., which will reintroduce Tempur-Pedic, Stearns & Foster and Sealy branded products at about 2,500 stores across the U.S. That deal is expected to start in the fourth quarter and to be completed early in the first quarter of 2020. The second retailers is Big Lots Inc., which has 1,400 stores in the U.S. The company is extending its agreement with Beter Bed Holding, a European retailer. Tempur Sealy shares have gained 63% in 2019, while the S&P 500 has gained 15%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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NBC News and the Associated Press are all over it.
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MoneyGram International Inc. is officially getting on the blockchain, and will be rewarded handsomely by a prominent company in the cryptocurrency space.
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Regulatory and accounting changes prompt banks to offload troubled mid-market loans
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AT&T's WarnerMedia is close to a deal worth around $500 million with Hollywood hit maker J.J. Abrams, the New York Times reported Monday. Abrams' Bad Robot Productions has been behind popular TV shows such as "Lost," "Alias" and "Westworld," and blockbuster movies such as "Star Trek: Beyond" and "Mission: Impossible -- Rogue Nation." Abrams also directed the Walt Disney Co.'s "Star Wars: The Force Awakens" and the upcoming "Star Wars: The Rise of Skywalker." Under the deal, WarnerMedia would reportedly get the right of first refusal for Abrams' future productions. It is unclear if Abrams will still be able to direct films for other studios. WarnerMedia is expected to launch a streaming service later this year, and is seeking content creators for future competition with Netflix Inc. and Disney Plus, among others.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Sotheby's stock soars after auction firm gets $3.7 billion buyout bid
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Markets were happy to hear that the central bank would step in if the economy needs it.
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