GM's fall from grace in China is staggering amid geopolitical tensions with the U.S., along with changing consumer sentiment and increased domestic competition.
BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels.
Shares of French cognac makers rallied on Tuesday after France's Macron indicated that trade tensions between the EU and China about cognac imports may ease.
Most countries prefer aligning with the U.S. over China when the White House is occupied by a Democratic leader, according to Gallup data going back to 2007.
A brighter economic outlook has helped push Social Security's projected trust fund depletion date to a year later. But there's still urgency for Congress to act.
U.S. Treasury yields were little changed after falling sharply on Friday in reaction to weaker-than-expected payroll growth and a rise in unemployment in April.