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US Stock Market Live Updates: US stocks turned lower on Tuesday as investors assessed Fed chair appointee Kevin Warsh and weighed leadership changes at Apple.The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors.West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.

Dow Jones futures turn negative, down nearly 100 points against a gain of over 400 points. Dollar index rises to day’s high of $98.34. Oil hits $97/bbl against the day’s low of $93.9/bbl.

US stocks turned lower on Tuesday as investors assessed Fed chair appointee Kevin Warsh and weighed leadership changes at Apple.

The Dow Jones Industrial Average fell 0.1%, while the S&P 500 declined 0.2% and the Nasdaq Composite slipped 0.1%.

During his hearing, Warsh pushed back against concerns of political influence, saying he would not act as a “sock puppet” for Donald Trump, even as tensions between the White House and the Federal Reserve remain in focus.

Geopolitics also stayed in play, with Trump signaling fresh talks with Iran while warning military action could still be on the table as the ceasefire deadline nears.

Meanwhile, markets are also digesting a major leadership shift at Apple, where Tim Cook is set to step down, handing over the role to John Ternus.Kevin Warsh firmly pushed back against concerns over political influence, saying he would “absolutely not” act as a “sock puppet” for Donald Trump.During his Capitol Hill hearing, Warsh stressed that the president had never asked him to pre-commit to interest rate decisions — and made it clear he wouldn’t agree even if asked.The comments come as Warsh faces scrutiny over whether he can maintain the Federal Reserve’s independence while navigating pressure for lower rates.Apple is at a pivotal moment, with a leadership change, upcoming earnings, and a technical breakout all converging at once.The company said Tim Cook will step down on September 1, with hardware chief John Ternus set to take over. The transition comes just ahead of Apple’s next earnings report, which will be Cook’s final as CEO.On the charts, Apple has recently broken above a key downtrend line from its December highs, though the move is now being tested as the stock trades slightly lower.Unlike peers such as Meta and Tesla, Apple’s rising 200-day moving average offers a stronger technical backdrop, with key resistance seen near all-time highs and support just below the 200-day level.US retail sales rose sharply in March, with spending boosted by a surge in fuel costs, according to data from the US Commerce Department.Sales increased 1.7% for the month, beating expectations and accelerating from February’s 0.6% rise. Excluding autos, sales climbed 1.9%, also topping forecasts.The gains were driven largely by a 15.5% jump in gas station receipts as pump prices surged past $4 a gallon, while furniture and home furnishings rose 2.2% and online sales edged up 1%.The control group, used in GDP calculations, rose 0.7%, pointing to steady underlying consumer demand despite rising costs.Wall Street opened modestly higher on Tuesday, attempting a rebound after the previous session’s pullback, even as geopolitical uncertainty lingered.The Dow Jones Industrial Average rose 270 points, or 0.5%, at the open. The S&P 500 gained 0.2%, while the Nasdaq Composite advanced 0.3%, recovering slightly after all three major indices ended marginally lower on Monday. The move follows the Nasdaq snapping its 13-day winning streak—its longest since 1992—in the prior session.The cautious uptick comes amid mixed signals on the geopolitical front. While tensions around Iran persist, a slight easing in oil prices offered some relief to investors. West Texas Intermediate futures dipped about 0.4% to hover above $89 per barrel, while Brent crude slipped 0.3% to near $95.Uncertainty, however, remains elevated. US President Donald Trump said Iran had “violated the ceasefire numerous times,” even as he indicated that negotiations could resume soon, potentially in Pakistan. With the temporary ceasefire set to expire late Wednesday, markets are closely watching whether diplomatic efforts will gain traction.Kevin Warsh heads to Capitol Hill for a closely watched Senate hearing, where he will need to convince lawmakers he can support lower interest rates without compromising the Federal Reserve’s independence.The hearing before the Senate Banking Committee is expected to cover a wide range of issues, including monetary policy, banking regulation, and Warsh’s personal financial background.A key focus will be how he navigates the line between political pressure and central bank autonomy—a “tricky communication” challenge, according to Bill English, a former senior Fed official.NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.