#MarketRebound Stocks rebound, dollar gains; earnings, U.S.-China tariff talks in focus
NEW YORK, April 22 (Reuters) - U.S. stocks rebounded on Tuesday from the previous day's selloff as investors focused on earnings, while the dollar rose after U.S. Treasury Secretary Scott Bessent said in a closed-door meeting that he believes there will be a de-escalation in U.S.-China trade tensions.
U.S. Treasury long-term yields dipped after moving higher on Monday.
Bessent also described future negotiations with Beijing as a "slog" that has not started yet, according to a person who heard his closed-door presentation to investors at a JP Morgan conference.