US stocks rose on Tuesday, as investors saw reasons for optimism in the latest retail data and Bank of America’s stronger-than-expected earnings report.
Trump Media fell more than 10% after the company, which operates the Truth Social media platform, filed for the resale of nearly 38 million common shares after the stock market closed Monday. Trump Media stock finished with a gain Monday of 31% following an unsuccessful assassination attempt on former President Donald Trump over the weekend and as Trump formally was nominated as the official Republican presidential nominee.
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